£508,097
This estimated value is based upon the latest sale price for the house of £380,000 on 13 Apr 2016. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £380,000 | 13 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 April 2016 the House Price Index for MEDWAY was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £380,000 results in an estimated price of approximately £508,097.
| 13 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 146.7 | 33.710 % | £380,000 | £128,097 | £508,097 |
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 | 5.635 % | £21,412 | £401,412 |
| 3 Month Average | 28.101 % | £106,782 | £486,782 |
| 6 Month Average | 27.720 % | £105,336 | £485,336 |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 16 Jun 2016.
The average size of a house on DURHAM ROAD is 129 sq meters (1,391 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Awaiting court outcome | On or near Brockenhurst Close |
| Jan 2024 | Other crime | Awaiting court outcome | On or near Brockenhurst Close |
| Feb 2024 | Anti-social behaviour | On or near Lyndhurst Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lyndhurst Avenue | |
| Jan 2024 | Possession of weapons | Local resolution | On or near Lyndhurst Avenue |