£366,516
This estimated value is based upon the latest sale price for the house of £350,000 on 19 Aug 2022. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£350,000 | 19 Aug 2022 |
£150,000 | 30 Jan 2004 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in August 2022 the House Price Index for MEDWAY was 99.6.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 4.719%.Applying this 4.719% change to the original purchase price of £350,000 results in an estimated price of approximately £366,516.
19 Aug 2022 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 104.3 | 4.719 % | £350,000 | £16,516 | £366,516 |
The Postcode Pricing Model uses changes in average sales price within the ME5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -13.954 % | £-48,837 | £301,162 |
3 Month Average | 3.785 % | £13,247 | £363,247 |
6 Month Average | 4.881 % | £17,084 | £367,084 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2024 | £224,021 | £215,000 | 43 DUCHESS OF KENT DRIVE |
18 Dec 2023 | £1,772,348 | £1,650,000 | FLAT 1-8 614 LORDS WOOD LANE |
27 Nov 2023 | £320,594 | £300,000 | 609 LORDS WOOD LANE |
24 Apr 2023 | £217,909 | £206,000 | 51 DUCHESS OF KENT DRIVE |
25 Jan 2023 | £365,050 | £350,000 | 10 LYNTON DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 22 Nov 2017. Using an estimated price of £366,516 means this house is valued at £5,020 per sq meter (£466 per sq foot).
The average size of a house on LORDS WOOD LANE is 105 sq meters (1,137 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Other theft | Under investigation | On or near Moonstone Drive |
Mar 2025 | Other theft | Under investigation | On or near Petrol Station |
Mar 2025 | Other theft | Under investigation | On or near Petrol Station |
Feb 2025 | Other theft | Awaiting court outcome | On or near Petrol Station |
Feb 2025 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |