£408,178
This estimated value is based upon the latest sale price for the house of £330,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £330,000 | 24 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2018 the House Price Index for MEDWAY was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £330,000 results in an estimated price of approximately £408,178.
| 24 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £330,000 | £78,178 | £408,178 |
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 | 54.467 % | £179,741 | £509,741 |
| 3 Month Average | 6.788 % | £22,398 | £352,398 |
| 6 Month Average | 11.056 % | £36,483 | £366,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £299,236 | £294,000 | 8 PLOUGHMANS WAY |
| 1 Jun 2023 | £432,236 | £427,000 | 118 ELMSTONE ROAD |
| 22 Jul 2022 | £396,066 | £395,000 | 138 BETTESCOMBE ROAD |
| 26 Apr 2022 | £386,175 | £375,000 | 202 LONSDALE DRIVE |
| 31 Mar 2022 | £336,785 | £325,000 | 216 LONSDALE DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 4 Sep 2017. Using an estimated price of £408,178 means this house is valued at £3,710 per sq meter (£344 per sq foot).
The average size of a house on LONSDALE DRIVE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harvesters Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Nightingale Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nightingale Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nightingale Close |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Nightingale Close |