£487,762
This estimated value is based upon the latest sale price for the house of £315,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
1 Fairway, Petts Wood, Orpington, BR5 1EF
Phone: 01689867104
| Price Paid | Date |
|---|---|
| £315,000 | 27 Jun 2014 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £315,000 results in an estimated price of approximately £487,762.
| 27 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £315,000 | £172,762 | £487,762 |
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 | 32.110 % | £101,145 | £416,145 |
| 3 Month Average | 31.898 % | £100,479 | £415,479 |
| 6 Month Average | 38.899 % | £122,531 | £437,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jul 2024 | £475,000 | £475,000 | 75 PLACE FARM AVENUE |
| 22 Sep 2023 | £437,648 | £428,000 | 4 AINSDALE CLOSE |
| 1 Sep 2023 | £424,355 | £415,000 | 39 PLACE FARM AVENUE |
| 11 Aug 2023 | £488,816 | £480,000 | 4 TANDRIDGE PLACE |
| 11 Aug 2023 | £488,816 | £480,000 | GARAGE 251 TANDRIDGE PLACE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 7 Apr 2014. Using an estimated price of £487,763 means this house is valued at £5,480 per sq meter (£509 per sq foot).
The average size of a house on TANDRIDGE DRIVE is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Turnberry Way |
| Aug 2024 | Anti-social behaviour | On or near Turnberry Way | |
| Aug 2024 | Anti-social behaviour | On or near Turnberry Way | |
| Aug 2024 | Anti-social behaviour | On or near Turnberry Way | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lewing Close |