£507,636
This estimated value is based upon the latest sale price for the house of £295,000 on 2 Sep 2011. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £295,000 | 2 Sep 2011 |
| £196,000 | 27 Nov 2001 |
| £165,000 | 12 Apr 2000 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,366 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 September 2011 the House Price Index for KENT was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.080%.Applying this 72.080% change to the original purchase price of £295,000 results in an estimated price of approximately £507,636.
| 2 Sep 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.080 % | £295,000 | £212,636 | £507,636 |
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 | 133.796 % | £394,697 | £689,697 |
| 3 Month Average | 62.169 % | £183,399 | £478,399 |
| 6 Month Average | 101.335 % | £298,939 | £593,939 |
| 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 126 sq meters or 1,366 sq feet when measured on 1 Oct 2010. Using an estimated price of £507,637 means this house is valued at £3,997 per sq meter (£371 per sq foot).
The average size of a house on FERNBANK CLOSE is 136 sq meters (1,464 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 |