£389,383
This estimated value is based upon the latest sale price for the house of £250,000 on 28 May 2014. 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 |
|---|---|
| £250,000 | 28 May 2014 |
| £177,000 | 26 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £250,000 results in an estimated price of approximately £389,383.
| 28 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £250,000 | £139,383 | £389,383 |
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 | 30.926 % | £77,314 | £327,314 |
| 3 Month Average | 50.057 % | £125,141 | £375,141 |
| 6 Month Average | 53.685 % | £134,211 | £384,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £595,168 | £590,000 | 21 BROOMWOOD ROAD |
| 15 Dec 2023 | £412,681 | £400,000 | 14 CROXLEY CLOSE |
| 11 Oct 2023 | £412,366 | £403,000 | 48 BROOMWOOD ROAD |
| 25 Sep 2023 | £470,369 | £460,000 | 48 DAWSON AVENUE |
| 28 Apr 2023 | £166,107 | £163,000 | 6 CROXLEY CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Mar 2014. Using an estimated price of £389,383 means this house is valued at £5,334 per sq meter (£495 per sq foot).
The average size of a house on BROOM AVENUE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dawson Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dawson Avenue |