£1,971,090
This estimated value is based upon the latest sale price for the house of £1,120,000 on 6 Oct 2009. This value is then adjusted by the current Official House Price Index for SURREY 1
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| Price Paid | Date |
|---|---|
| £1,120,000 | 6 Oct 2009 |
| Detached |
| Freehold |
| Floor Area: 305 sq meters or 3,285 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in October 2009 the House Price Index for SURREY was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £1,120,000 results in an estimated price of approximately £1,971,090.
| 6 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 148.6 | 75.990 % | £1,120,000 | £851,090 | £1,971,090 |
The Postcode Pricing Model uses changes in average sales price within the GU27 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 | 36.493 % | £408,723 | £1,528,723 |
| 3 Month Average | 40.481 % | £453,382 | £1,573,382 |
| 6 Month Average | 51.819 % | £580,369 | £1,700,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £745,532 | £736,000 | 25 THE AVENUE |
| 7 Sep 2023 | £574,344 | £567,000 | TYNDALE, 34 THE AVENUE |
| 2 Aug 2023 | £1,255,988 | £1,245,000 | LITTLE OAK FARNHAM LANE |
| 25 Jul 2023 | £646,704 | £638,000 | 38 THE AVENUE |
| 1 Jun 2023 | £1,771,458 | £1,750,000 | BAG END FARNHAM LANE |
This house has a floor area of 305 sq meters or 3,285 sq feet when measured on 19 May 2009. Using an estimated price of £1,971,090 means this house is valued at £6,457 per sq meter (£599 per sq foot).
The average size of a house on FARNHAM LANE is 227 sq meters (2,445 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lion Lane | |
| Jan 2024 | Anti-social behaviour | On or near Lion Lane | |
| Jan 2024 | Anti-social behaviour | On or near Lion Lane | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Braeside Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Avenue |