£576,826
This estimated value is based upon the latest sale price for the house of £470,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £470,000 | 16 Nov 2018 |
| £410,000 | 2 Sep 2016 |
| £204,000 | 24 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 998 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in November 2018 the House Price Index for KENT was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £470,000 results in an estimated price of approximately £576,826.
| 16 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £470,000 | £106,826 | £576,826 |
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 | 58.175 % | £273,423 | £743,423 |
| 3 Month Average | 2.190 % | £10,294 | £480,294 |
| 6 Month Average | 18.019 % | £84,690 | £554,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £333,151 | £330,000 | 19 WOODBURY ROAD |
| 18 Jul 2023 | £504,775 | £500,000 | 139 ROBIN HOOD LANE |
| 11 Jul 2023 | £565,348 | £560,000 | 147 ROBIN HOOD LANE |
| 6 Jul 2022 | £803,914 | £805,000 | 176 ROBIN HOOD LANE |
| 21 Apr 2022 | £284,103 | £277,000 | 57 WOODBURY ROAD |
This house has a floor area of 92 sq meters or 998 sq feet when measured on 5 Jul 2010. Using an estimated price of £576,826 means this house is valued at £6,218 per sq meter (£577 per sq foot).
The average size of a house on FERNBANK CLOSE is 136 sq meters (1,464 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mercer Court |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mercer Court |
| Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Robin Hood Lane |
| Apr 2024 | Public order | Under investigation | On or near Catkin Close |