£524,739
This estimated value is based upon the latest sale price for the house of £315,000 on 22 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Chatsworth Parade, Petts wood, Orpington, BR5 1DF
Phone: 01689326425
Price Paid | Date |
---|---|
£315,000 | 22 Aug 2013 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £315,000 results in an estimated price of approximately £524,739.
22 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £315,000 | £209,739 | £524,739 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 34.262 % | £107,925 | £422,925 |
3 Month Average | 62.733 % | £197,609 | £512,609 |
6 Month Average | 67.479 % | £212,558 | £527,558 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £549,774 | £545,000 | 50 FARINGDON AVENUE |
18 Dec 2023 | £577,753 | £560,000 | 31 PRESCOTT AVENUE |
28 Apr 2023 | £499,340 | £490,000 | 66 FARINGDON AVENUE |
9 Feb 2023 | £447,993 | £445,000 | 61 FARINGDON AVENUE |
4 Nov 2022 | £540,622 | £543,150 | 12 PRESCOTT AVENUE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Apr 2013. Using an estimated price of £524,740 means this house is valued at £6,559 per sq meter (£609 per sq foot).
The average size of a house on FARINGDON AVENUE is 94 sq meters (1,016 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Oxhawth Crescent |
Apr 2024 | Vehicle crime | Under investigation | On or near Oxhawth Crescent |
Apr 2024 | Vehicle crime | Under investigation | On or near Faringdon Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Faringdon Avenue |
Apr 2024 | Other crime | Under investigation | On or near Faringdon Avenue |