£339,104
This estimated value is based upon the latest sale price for the house of £176,000 on 25 Aug 2004. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £176,000 | 25 Aug 2004 |
| £75,000 | 17 Jun 1999 |
| £64,950 | 21 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2004 the House Price Index for KENT was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £176,000 results in an estimated price of approximately £339,104.
| 25 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £176,000 | £163,104 | £339,104 |
The Postcode Pricing Model uses changes in average sales price within the CT20 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 | 158.123 % | £278,295 | £454,295 |
| 3 Month Average | 75.163 % | £132,287 | £308,287 |
| 6 Month Average | 100.726 % | £177,278 | £353,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £222,849 | £220,000 | 42 BROOMFIELD ROAD |
| 12 Apr 2023 | £283,048 | £280,000 | 19 RISBOROUGH LANE |
| 9 Sep 2022 | £247,997 | £250,000 | 10 RISBOROUGH WAY |
| 2 Mar 2022 | £111,916 | £108,000 | GROUND FLOOR FLAT 21 RISBOROUGH LANE |
| 14 Jan 2022 | £336,771 | £320,000 | 2 RISBOROUGH WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Feb 2014. Using an estimated price of £339,105 means this house is valued at £4,135 per sq meter (£384 per sq foot).
The average size of a house on FERNE WAY is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Risborough Way |
| Jan 2024 | Anti-social behaviour | On or near Risborough Way | |
| Jan 2024 | Anti-social behaviour | On or near Risborough Way | |
| Jan 2024 | Anti-social behaviour | On or near Risborough Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broomfield Crescent |