£404,179
This estimated value is based upon the latest sale price for the house of £395,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £395,000 | 13 Oct 2023 |
| £230,000 | 15 Apr 2016 |
| £145,000 | 24 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 929 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 2023 the House Price Index for KENT was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £395,000 results in an estimated price of approximately £404,179.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £395,000 | £9,179 | £404,179 |
The Postcode Pricing Model uses changes in average sales price within the CT9 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 | -31.867 % | £-125,873 | £269,126 |
| 3 Month Average | -15.311 % | £-60,479 | £334,520 |
| 6 Month Average | -9.694 % | £-38,289 | £356,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £538,674 | £525,000 | 25 FARLEY ROAD |
| 20 Nov 2023 | £323,204 | £315,000 | 53 ELMLEY WAY |
| 13 Oct 2023 | £404,180 | £395,000 | 12 FARLEY ROAD |
| 24 Feb 2023 | £286,917 | £285,000 | 259 RAMSGATE ROAD |
| 3 Nov 2022 | £248,836 | £250,000 | 7 CHAPEL HILL CLOSE |
This house has a floor area of 86 sq meters or 929 sq feet when measured on 7 Dec 2011. Using an estimated price of £404,180 means this house is valued at £4,682 per sq meter (£435 per sq foot).
The average size of a house on FARLEY ROAD is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Farley Road |
| Jun 2024 | Public order | Under investigation | On or near Elmley Way |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramsgate Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nash Lane |
| Jul 2024 | Anti-social behaviour | On or near Payton Close |