£347,651
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 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £350,000 results in an estimated price of approximately £347,651.
| 19 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £350,000 | £-2,348 | £347,651 |
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 | 4.490 % | £15,715 | £365,715 |
| 3 Month Average | -19.487 % | £-68,204 | £281,795 |
| 6 Month Average | 3.269 % | £11,441 | £361,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £303,901 | £300,000 | 609 LORDS WOOD LANE |
| 20 Jul 2023 | £333,151 | £330,000 | 629 LORDS WOOD LANE |
| 20 Jul 2023 | £350,819 | £347,500 | 9 LYNTON DRIVE |
| 28 Feb 2023 | £308,541 | £310,000 | 12 DARENTH RISE |
| 23 Feb 2023 | £303,564 | £305,000 | 38 FANCONI ROAD |
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 £347,651 means this house is valued at £4,762 per sq meter (£442 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 |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lynton Drive | |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near The Yard |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Yard |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Yard |
| Apr 2024 | Anti-social behaviour | On or near The Yard |