£239,234
This estimated value is based upon the latest sale price for the house of £200,000 on 30 Sep 2020. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £200,000 | 30 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 September 2020 the House Price Index for MEDWAY was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £200,000 results in an estimated price of approximately £239,234.
| 30 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £200,000 | £39,234 | £239,234 |
The Postcode Pricing Model uses changes in average sales price within the ME8 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 | 6.731 % | £13,461 | £213,461 |
| 3 Month Average | 18.572 % | £37,144 | £237,144 |
| 6 Month Average | 13.737 % | £27,474 | £227,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £261,949 | £256,000 | 38 GOUDHURST ROAD |
| 11 Sep 2023 | £276,086 | £270,000 | 56 BEECHINGS WAY |
| 8 Sep 2023 | £276,086 | £270,000 | 8 GOUDHURST ROAD |
| 24 Apr 2023 | £254,765 | £250,000 | 220 EASTCOURT GREEN |
| 5 Apr 2023 | £275,146 | £270,000 | 24 LYNSTED ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 12 Aug 2019. Using an estimated price of £239,234 means this house is valued at £3,417 per sq meter (£317 per sq foot).
The average size of a house on LYNSTED ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Lynsted Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lynsted Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynsted Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Lynsted Road |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lynsted Road |