£629,232
This estimated value is based upon the latest sale price for the house of £515,000 on 5 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Fairway, Petts Wood, Orpington, BR5 1EF
Phone: 01689867104
| Price Paid | Date |
|---|---|
| £515,000 | 5 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £515,000 results in an estimated price of approximately £629,232.
| 5 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £515,000 | £114,232 | £629,232 |
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 | 18.336 % | £94,429 | £609,429 |
| 3 Month Average | -5.805 % | £-29,897 | £485,102 |
| 6 Month Average | 4.437 % | £22,848 | £537,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £572,348 | £565,000 | 31 FOXFIELD ROAD |
| 23 Feb 2023 | £788,769 | £792,500 | 84 RUSLAND AVENUE |
| 25 Apr 2022 | £861,538 | £840,000 | 52 DARRICK WOOD ROAD |
| 26 Jan 2022 | £714,844 | £682,000 | 1 TORVER WAY |
| 23 Sep 2021 | £815,664 | £760,000 | 22 BROUGHTON ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Jun 2019. Using an estimated price of £629,233 means this house is valued at £7,865 per sq meter (£730 per sq foot).
The average size of a house on TORVER WAY is 142 sq meters (1,536 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Rusland Avenue |
| Feb 2024 | Anti-social behaviour | On or near Grange Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Darrick Wood Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Pound Close |
| Apr 2024 | Burglary | Under investigation | On or near Pound Court Drive |