£603,347
This estimated value is based upon the latest sale price for the house of £400,000 on 7 Jul 2014. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £400,000 | 7 Jul 2014 |
| £285,000 | 30 Jun 2005 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 July 2014 the House Price Index for MEDWAY was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £400,000 results in an estimated price of approximately £603,347.
| 7 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £400,000 | £203,347 | £603,347 |
The Postcode Pricing Model uses changes in average sales price within the ME1 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 | 80.173 % | £320,693 | £720,693 |
| 3 Month Average | 66.348 % | £265,393 | £665,393 |
| 6 Month Average | 63.812 % | £255,249 | £655,249 |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 12 Mar 2013.
The average size of a house on NASHENDEN FARM LANE is 192 sq meters (2,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Nashenden Farm Lane |
| Mar 2024 | Anti-social behaviour | On or near Nashenden Farm Lane | |
| Dec 2023 | Anti-social behaviour | On or near Nashenden Farm Lane | |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Nashenden Farm Lane |
| Dec 2023 | Anti-social behaviour | On or near Nashenden Farm Lane |