£762,053
This estimated value is based upon the latest sale price for the house of £600,000 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Fairway, Petts Wood, Orpington, BR5 1EF
Phone: 01689867104
| Price Paid | Date |
|---|---|
| £600,000 | 18 Aug 2017 |
| Semi-Detached |
| Freehold |
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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £600,000 results in an estimated price of approximately £762,053.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £600,000 | £162,053 | £762,053 |
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 | 29.511 % | £177,065 | £777,065 |
| 3 Month Average | -4.477 % | £-26,863 | £573,136 |
| 6 Month Average | 18.042 % | £108,249 | £708,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £917,347 | £905,000 | 150 PETTS WOOD ROAD |
| 25 Jul 2022 | £1,453,914 | £1,450,000 | 150 KINGSWAY |
| 22 Jul 2022 | £927,497 | £925,000 | 18 WEST WAY |
| 19 May 2022 | £960,091 | £942,000 | 117 KINGSWAY |
| 12 May 2022 | £1,009,012 | £990,000 | 144 KINGSWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near West Way | |
| Jan 2024 | Anti-social behaviour | On or near West Way | |
| Jan 2024 | Anti-social behaviour | On or near West Way |