£397,189
This estimated value is based upon the latest sale price for the house of £310,000 on 28 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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182 High Street, Orpington, BR6 0JW
Phone: 01689768099
| Price Paid | Date |
|---|---|
| £310,000 | 28 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £310,000 results in an estimated price of approximately £397,189.
| 28 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £310,000 | £87,189 | £397,189 |
The Postcode Pricing Model uses changes in average sales price within the BR5 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 | 17.562 % | £54,441 | £364,441 |
| 3 Month Average | 9.096 % | £28,198 | £338,198 |
| 6 Month Average | 25.982 % | £80,544 | £390,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £541,929 | £535,000 | 12 GLOAD CRESCENT |
| 17 Aug 2023 | £294,577 | £292,000 | FLAT 8 STOCKBURY HOUSE WALTHAM CLOSE |
| 14 Aug 2023 | £453,971 | £450,000 | 5 PECHE WAY |
| 21 Jun 2022 | £375,304 | £370,000 | 60 RYE CRESCENT |
| 25 Mar 2022 | £409,324 | £395,000 | 13 PECHE WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Jul 2016. Using an estimated price of £397,189 means this house is valued at £4,317 per sq meter (£401 per sq foot).
The average size of a house on RYE FIELD is 96 sq meters (1,035 sq feet).