Sparepenny Lane, Farningham, Dartford, DA4

Street Guide For Sparepenny Lane, Farningham, Dartford, DA4

 

Sparepenny Lane, Farningham, Dartford, DA4 Map

Estimated Price: £1,195,225
Average Asking Price: £664,546
Price change in last one year: £112,327
Average Price Paid: £960,000
Average Rent Rates: £1,837

 

Property Prices Breakdown in Sparepenny Lane, Farningham, Dartford, DA4

Average Price for property in Sparepenny Lane, Farningham, Dartford, DA4 is around £1,195,225 e.g. average price for detached house is around 1,195,225. Values have been changing and have risen £10,575 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £37,228 in last 6 months, £112,327 in last 1 year, £158,706 in last 2 years, £185,355 in last 3 years, £187,308 in last 4 years and £192,506 in last 5 years.

Currently average asking price of a property in Sparepenny Lane, Farningham, Dartford, DA4 is around £664,546 based on approximately 0 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £1,837 per month.

Estimated property value in Sparepenny Lane, Farningham, Dartford, DA4 is £1,195,225. Average asking price is £664,546 while average price paid is £770,000 which is up by £185,355 and Avg. asking rent £1,837.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Sparepenny Lane, Farningham, Dartford, DA4 area. In last 3 years alone average price buyer paid is around £770,000 based on approximately 1 sales in Sparepenny Lane, Farningham, Dartford, DA4 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £960,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £960,000 for 2 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £407,250, £469,769 for a 3 bedroom house, £747,029 for a 4 bedroom house and £590,000 for a 5 bedroom house. For a flat similarly the prices varies from £152,500 for a single bedroom to £177,900 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £775,000. To sum up the asking prices for properties in Sparepenny Lane, Farningham, Dartford, DA4 it comes to around average £152,500 for 1 bedroom property, £243,429 for 2 bedroom, £491,571 for 3 bedroom, £747,029 for 4 bedroom and £590,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,101 for 2 bedroom to £1,694 for 3 bedroom and £3,198 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £724. You should be generally be expecting around average £724 rent per month for single bedroom property, £1,101 for 2 bedroom, £1,694 for 3 bedroom and approximately £3,198 for 5 bedroom property in Sparepenny Lane, Farningham, Dartford, DA4 area.

Popular Houses in Sparepenny Lane, Farningham, Dartford, DA4

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Sparepenny Lane, Farningham, Dartford, DA4