£192,837
This estimated value is based upon the latest sale price for the house of £173,000 on 8 Oct 2021. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £173,000 | 8 Oct 2021 |
| £55,000 | 1 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 October 2021 the House Price Index for KENT was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £173,000 results in an estimated price of approximately £192,837.
| 8 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £173,000 | £19,837 | £192,837 |
The Postcode Pricing Model uses changes in average sales price within the CT19 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 | 13.751 % | £23,788 | £196,788 |
| 3 Month Average | 21.041 % | £36,400 | £209,400 |
| 6 Month Average | 16.810 % | £29,082 | £202,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £200,000 | £200,000 | 3 FERNBANK CRESCENT |
| 13 Mar 2024 | £309,759 | £305,000 | 50 LINDEN CRESCENT |
| 14 Dec 2023 | £257,926 | £250,000 | 15 FERNBANK CRESCENT |
| 11 Aug 2023 | £280,051 | £275,000 | 113 BLACK BULL ROAD |
| 26 Jun 2023 | £244,908 | £240,000 | 56 LINDEN CRESCENT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 3 Jun 2021. Using an estimated price of £192,838 means this house is valued at £2,410 per sq meter (£223 per sq foot).
The average size of a house on FERNBANK CRESCENT is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Bank Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Bank Crescent |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Linden Crescent |
| Jul 2024 | Anti-social behaviour | On or near Linden Crescent | |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Linden Crescent |