£318,813
This estimated value is based upon the latest sale price for the house of £240,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £240,000 | 16 Sep 2016 |
| £207,500 | 2 Sep 2013 |
| £208,000 | 23 Nov 2007 |
| £175,000 | 18 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 837 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 September 2016 the House Price Index for KENT was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £240,000 results in an estimated price of approximately £318,813.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £240,000 | £78,813 | £318,813 |
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 | 55.958 % | £134,299 | £374,299 |
| 3 Month Average | 48.746 % | £116,991 | £356,991 |
| 6 Month Average | 20.884 % | £50,122 | £290,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £532,492 | £535,000 | 8 LEAMINGTON DRIVE |
| 30 Sep 2021 | £360,993 | £335,000 | 11 FARINGTON CLOSE |
| 30 Jun 2021 | £525,733 | £490,000 | 39 CHARTWELL DRIVE |
| 7 Dec 2020 | £344,314 | £300,000 | 8 FARINGTON CLOSE |
| 8 Oct 2020 | £334,329 | £285,000 | 7 DENNING CLOSE |
This house has a floor area of 77 sq meters or 837 sq feet when measured on 22 Mar 2010. Using an estimated price of £318,814 means this house is valued at £4,097 per sq meter (£380 per sq foot).
The average size of a house on FARINGTON CLOSE is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Farington Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freshland Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freshland Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Freshland Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Freshland Road |