£265,692
This estimated value is based upon the latest sale price for the house of £263,000 on 10 Jun 2022. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £263,000 | 10 Jun 2022 |
| £229,995 | 19 Dec 2018 |
| £176,000 | 16 May 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 651 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in June 2022 the House Price Index for KENT was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £263,000 results in an estimated price of approximately £265,692.
| 10 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £263,000 | £2,692 | £265,692 |
The Postcode Pricing Model uses changes in average sales price within the TN1 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 | 3.482 % | £9,157 | £272,157 |
| 3 Month Average | -33.303 % | £-87,587 | £175,412 |
| 6 Month Average | -23.007 % | £-60,508 | £202,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £234,435 | £230,000 | 40 LAKE COURT MEDWAY DRIVE |
| 16 Nov 2023 | £222,861 | £220,000 | 32 LAKE COURT MEDWAY DRIVE |
| 7 Jul 2023 | £181,719 | £180,000 | 54 LAKE COURT MEDWAY DRIVE |
| 21 Jun 2023 | £478,883 | £475,000 | 144 ST JAMES ROAD |
| 23 Nov 2022 | £246,011 | £250,000 | 23 LAKE COURT MEDWAY DRIVE |
This house has a floor area of 60 sq meters or 651 sq feet when measured on 20 Aug 2008. Using an estimated price of £265,693 means this house is valued at £4,390 per sq meter (£407 per sq foot).
The average size of a house on MEDWAY DRIVE is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Grosvenor Bridge |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grosvenor Bridge |