£593,507
This estimated value is based upon the latest sale price for the house of £340,000 on 6 Nov 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Princess Parade, Crofton Road, Orpington, BR6 8NP
Phone: 01689867057
Price Paid | Date |
---|---|
£340,000 | 6 Nov 2009 |
£239,950 | 13 May 2002 |
£138,000 | 9 Nov 1995 |
Detached |
Freehold |
Floor Area: 87 sq meters or 941 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 November 2009 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £340,000 results in an estimated price of approximately £593,507.
6 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 148.6 | 74.561 % | £340,000 | £253,507 | £593,507 |
The Postcode Pricing Model uses changes in average sales price within the BR6 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 | 60.158 % | £204,538 | £544,538 |
3 Month Average | 59.421 % | £202,033 | £542,033 |
6 Month Average | 79.184 % | £269,226 | £609,226 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £483,459 | £475,000 | 11 CLAREMONT CLOSE |
6 Sep 2023 | £546,994 | £540,000 | 30 BARKWAY DRIVE |
18 Jul 2023 | £932,551 | £920,000 | 1 SCOTNEY CLOSE |
4 Jul 2023 | £892,005 | £880,000 | 9 WELLBROOK ROAD |
16 Jun 2023 | £445,395 | £440,000 | 1D HILDA VALE ROAD |
This house has a floor area of 87 sq meters or 941 sq feet when measured on 8 Sep 2009. Using an estimated price of £593,507 means this house is valued at £6,784 per sq meter (£630 per sq foot).
The average size of a house on CLAREMONT CLOSE is 101 sq meters (1,087 sq feet).