£618,944
This estimated value is based upon the latest sale price for the house of £335,000 on 27 Jan 2009. 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 |
|---|---|
| £335,000 | 27 Jan 2009 |
| Semi-Detached |
| Freehold |
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 January 2009 the House Price Index for GREATER LONDON was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £335,000 results in an estimated price of approximately £618,944.
| 27 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 149.7 | 84.760 % | £335,000 | £283,944 | £618,944 |
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 | 57.571 % | £192,861 | £527,861 |
| 3 Month Average | 97.405 % | £326,306 | £661,306 |
| 6 Month Average | 89.208 % | £298,846 | £633,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £697,431 | £676,000 | 20 ROMANY RISE |
| 30 Mar 2023 | £882,233 | £867,500 | 18 ROMANY RISE |
| 4 Nov 2022 | £457,859 | £460,000 | 16 GUMPING ROAD |
| 20 Jun 2022 | £554,350 | £542,500 | 9 GUMPING ROAD |
| 6 May 2022 | £338,827 | £330,000 | 33 CLAREVILLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Pickering Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ormonde Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Darrick Wood Road |