£272,043
This estimated value is based upon the latest sale price for the house of £216,500 on 31 May 2018. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £216,500 | 31 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 768 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 May 2018 the House Price Index for KENT was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £216,500 results in an estimated price of approximately £272,043.
| 31 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £216,500 | £55,543 | £272,043 |
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 | 56.454 % | £122,222 | £338,722 |
| 3 Month Average | 28.836 % | £62,430 | £278,930 |
| 6 Month Average | 10.348 % | £22,402 | £238,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £602,000 | £602,000 | THE BASIN RIVERSIDE PARK |
| 4 Apr 2024 | £612,822 | £607,500 | WESTWOOD STATION HILL |
| 18 Dec 2023 | £438,473 | £425,000 | 2 BOSMAN CLOSE |
| 27 Oct 2023 | £250,694 | £245,000 | 1 RIVER LODGE FARLEIGH BRIDGE |
| 31 Aug 2023 | £672,122 | £660,000 | WEALDEN LOWER ROAD |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 16 Mar 2010. Using an estimated price of £272,044 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on FARLEIGH LANE is 82 sq meters (887 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Farleigh Lane | |
| Aug 2024 | Anti-social behaviour | On or near Farleigh Lane | |
| Aug 2024 | Anti-social behaviour | On or near Farleigh Lane | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near East Farleigh |