£487,642
This estimated value is based upon the latest sale price for the house of £280,000 on 21 Oct 2011. 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 |
---|---|
£280,000 | 21 Oct 2011 |
£148,000 | 6 Dec 1999 |
£84,000 | 7 Aug 1995 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,079 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 October 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £280,000 results in an estimated price of approximately £487,642.
21 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.158 % | £280,000 | £207,642 | £487,642 |
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 | 65.217 % | £182,607 | £462,607 |
3 Month Average | 67.859 % | £190,005 | £470,005 |
6 Month Average | 67.933 % | £190,212 | £470,212 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £567,436 | £550,000 | 17 SEYMOUR DRIVE |
27 Oct 2023 | £680,455 | £665,000 | 5 ARAGON CLOSE |
23 Oct 2023 | £695,803 | £680,000 | 32 RANDOLPH ROAD |
26 Sep 2023 | £982,662 | £961,000 | 38 RANDOLPH ROAD |
20 May 2022 | £472,304 | £460,000 | 19 LENNARD ROAD |
This house has a floor area of 100 sq meters or 1,079 sq feet when measured on 17 Aug 2011. Using an estimated price of £487,643 means this house is valued at £4,863 per sq meter (£451 per sq foot).
The average size of a house on LENNARD ROAD is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Aragon Close |
Apr 2024 | Other theft | Under investigation | On or near Lower Gravel Road |