£1,373,271
This estimated value is based upon the latest sale price for the house of £1,100,000 on 31 Jul 2018. 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 |
|---|---|
| £1,100,000 | 31 Jul 2018 |
| £342,000 | 17 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 237 sq meters or 2,551 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,373,271.
| 31 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £1,100,000 | £273,271 | £1,373,271 |
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 | -2.030 % | £-22,332 | £1,077,667 |
| 3 Month Average | 5.446 % | £59,907 | £1,159,907 |
| 6 Month Average | 10.258 % | £112,835 | £1,212,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £462,100 | £455,000 | 27 GRANGE ROAD |
| 7 Dec 2023 | £781,514 | £757,500 | 4 CROFTON AVENUE |
| 6 Oct 2023 | £332,553 | £325,000 | 3 GRANGE ROAD |
| 1 Jun 2023 | £897,996 | £880,000 | 5 CROFTON AVENUE |
| 6 Feb 2023 | £765,111 | £760,000 | 187 CROFTON ROAD |
This house has a floor area of 237 sq meters or 2,551 sq feet when measured on 16 Sep 2014. Using an estimated price of £1,373,272 means this house is valued at £5,794 per sq meter (£538 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Gumping Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pickering Lane |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Lyoth Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Darrick Wood Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Thomas' Drive |