£780,489
This estimated value is based upon the latest sale price for the house of £610,000 on 4 Aug 2017. 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 |
|---|---|
| £610,000 | 4 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £610,000 results in an estimated price of approximately £780,489.
| 4 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £610,000 | £170,489 | £780,489 |
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 | 4.747 % | £28,959 | £638,959 |
| 3 Month Average | 2.230 % | £13,603 | £623,603 |
| 6 Month Average | 15.140 % | £92,351 | £702,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2024 | £485,500 | £485,500 | 59 OREGON SQUARE |
| 15 May 2024 | £832,000 | £832,000 | 22 DARRICK WOOD ROAD |
| 19 Dec 2023 | £577,753 | £560,000 | 36 OREGON SQUARE |
| 1 Nov 2023 | £497,632 | £485,000 | 4 OREGON SQUARE |
| 24 Oct 2023 | £573,014 | £560,000 | 5 OREGON SQUARE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 12 Nov 2015. Using an estimated price of £780,489 means this house is valued at £7,031 per sq meter (£653 per sq foot).
The average size of a house on CROFTON ROAD is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Darrick Wood Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pickering Lane |
| Aug 2024 | Drugs | Further investigation is not in the public interest | On or near Foxfield Road |
| Jul 2024 | Anti-social behaviour | On or near Kelvin Parade | |
| Jul 2024 | Anti-social behaviour | On or near Kelvin Parade |