£626,478
This estimated value is based upon the latest sale price for the house of £425,000 on 23 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29-31 Leith Hill, Orpington, BR5 2RS
Phone: 02081284272
Price Paid | Date |
---|---|
£425,000 | 23 Mar 2015 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £425,000 results in an estimated price of approximately £626,478.
23 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £425,000 | £201,478 | £626,478 |
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 | 34.187 % | £145,293 | £570,293 |
3 Month Average | 20.963 % | £89,091 | £514,091 |
6 Month Average | 44.697 % | £189,963 | £614,963 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2023 | £326,170 | £322,000 | 101 MIDFIELD WAY |
15 Sep 2023 | £425,440 | £420,000 | 26 GROVELANDS ROAD |
31 Jul 2023 | £598,049 | £590,000 | 143 MIDFIELD WAY |
7 Jul 2023 | £478,439 | £472,000 | 121 MIDFIELD WAY |
23 Feb 2023 | £404,728 | £405,000 | 117 MIDFIELD WAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 2 Dec 2014. Using an estimated price of £626,479 means this house is valued at £5,447 per sq meter (£506 per sq foot).
The average size of a house on MIDFIELD WAY is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Midfield Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Horsell Road |