£1,969,711
This estimated value is based upon the latest sale price for the house of £328,000 on 30 Oct 2023. This value is then adjusted by the current Official House Price Index for MEDWAY 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £328,000 | 30 Oct 2023 |
| £245,000 | 21 Apr 2017 |
| £140,000 | 8 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 October 2023 the House Price Index for MEDWAY was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £328,000 results in an estimated price of approximately £1,969,711.
| 30 Oct 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £328,000 | £1,641,711 | £1,969,711 |
The Postcode Pricing Model uses changes in average sales price within the ME2 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 | -17.615 % | £-57,777 | £270,222 |
| 3 Month Average | -8.213 % | £-26,938 | £301,061 |
| 6 Month Average | 3.828 % | £12,554 | £340,554 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 3 Aug 2012.
The average size of a house on LANCELOT AVENUE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Road |
| Mar 2024 | Other theft | Under investigation | On or near Columbine Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbine Road |