£411,704
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Oct 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £275,000 | 22 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2014 the House Price Index for MEDWAY was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £275,000 results in an estimated price of approximately £411,704.
| 22 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £275,000 | £136,704 | £411,704 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | 19.646 % | £54,027 | £329,027 |
| 3 Month Average | 30.628 % | £84,226 | £359,226 |
| 6 Month Average | 66.132 % | £181,864 | £456,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £304,508 | £300,000 | 609 LORDS WOOD LANE |
| 8 Sep 2023 | £303,885 | £300,000 | 49 COURTFIELD AVENUE |
| 20 Jul 2023 | £352,241 | £347,500 | 9 LYNTON DRIVE |
| 20 Jul 2023 | £334,502 | £330,000 | 629 LORDS WOOD LANE |
| 24 Mar 2023 | £307,901 | £305,000 | 27 LYNTON DRIVE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 6 Jun 2014. Using an estimated price of £411,704 means this house is valued at £5,966 per sq meter (£554 per sq foot).
The average size of a house on DARENTH RISE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dornden Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Other theft | Under investigation | On or near Petrol Station |