£367,664
This estimated value is based upon the latest sale price for the house of £297,500 on 2 Dec 2019. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Farleigh Lane
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Price Paid | Date |
---|---|
£297,500 | 2 Dec 2019 |
£270,000 | 22 Aug 2018 |
£83,000 | 26 Mar 1999 |
£47,500 | 2 Mar 1998 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 December 2019 the House Price Index for KENT was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £297,500 results in an estimated price of approximately £367,664.
2 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £297,500 | £70,164 | £367,664 |
The Postcode Pricing Model uses changes in average sales price within the ME16 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 | -37.905 % | £-112,766 | £184,733 |
3 Month Average | -5.012 % | £-14,911 | £282,588 |
6 Month Average | 8.529 % | £25,373 | £322,873 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £438,473 | £425,000 | 2 BOSMAN CLOSE |
6 Nov 2023 | £251,381 | £245,000 | 134 GLEBE LANE |
21 Aug 2023 | £351,337 | £345,000 | 80 FARLEIGH LANE |
9 Mar 2023 | £411,878 | £405,000 | 130 GLEBE LANE |
13 Jan 2023 | £335,898 | £335,000 | 60 FARLEIGH LANE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 Jul 2018. Using an estimated price of £367,664 means this house is valued at £5,106 per sq meter (£474 per sq foot).
The average size of a house on FARLEIGH LANE is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Farleigh Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Farleigh Lane |
Jul 2024 | Anti-social behaviour | On or near Farleigh Lane | |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Farleigh Lane |
Jul 2024 | Anti-social behaviour | On or near Farleigh Lane |