£1,285,152
This estimated value is based upon the latest sale price for the house of £885,000 on 8 Jun 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £885,000 | 8 Jun 2015 |
| £320,000 | 23 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 276 sq meters or 2,970 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 June 2015 the House Price Index for KENT was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £885,000 results in an estimated price of approximately £1,285,152.
| 8 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £885,000 | £400,152 | £1,285,152 |
The Postcode Pricing Model uses changes in average sales price within the TN4 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 | 21.761 % | £192,588 | £1,077,588 |
| 3 Month Average | 80.220 % | £709,942 | £1,594,942 |
| 6 Month Average | 47.638 % | £421,593 | £1,306,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £555,723 | £546,000 | 26 FERNHURST CRESCENT |
| 29 Aug 2023 | £327,868 | £325,000 | 2 THE LODGE PARK ROAD |
| 21 Aug 2023 | £842,369 | £835,000 | 27 COLONELS WAY |
| 8 Jun 2023 | £364,414 | £360,000 | 17 COLONELS WAY |
| 19 Aug 2022 | £508,631 | £510,000 | 11 OAK END CLOSE |
This house has a floor area of 276 sq meters or 2,970 sq feet when measured on 2 Feb 2015. Using an estimated price of £1,285,152 means this house is valued at £4,656 per sq meter (£432 per sq foot).
The average size of a house on PENNINGTON ROAD is 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fernhurst Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |