£425,649
This estimated value is based upon the latest sale price for the house of £395,000 on 27 Sep 2021. 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 |
---|---|
£395,000 | 27 Sep 2021 |
£230,000 | 20 Feb 2015 |
£161,000 | 3 Dec 2003 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £395,000 results in an estimated price of approximately £425,649.
27 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £395,000 | £30,649 | £425,649 |
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 | -5.204 % | £-20,555 | £374,444 |
3 Month Average | 9.936 % | £39,246 | £434,246 |
6 Month Average | 7.969 % | £31,476 | £426,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £312,736 | £310,000 | 139 STAR LANE |
13 Apr 2023 | £318,429 | £315,000 | 21 WAGTAIL WAY |
27 Oct 2022 | £247,337 | £250,000 | 161 STAR LANE |
8 Sep 2022 | £332,316 | £335,000 | 141 STAR LANE |
26 Aug 2022 | £351,055 | £352,000 | 117 STAR LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 14 Aug 2015. Using an estimated price of £425,649 means this house is valued at £5,752 per sq meter (£534 per sq foot).
The average size of a house on STAR LANE is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Otters Close |
Dec 2023 | Robbery | Under investigation | On or near Otters Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Admiral Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Admiral Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Admiral Close |