£566,448
This estimated value is based upon the latest sale price for the house of £485,000 on 4 Nov 2020. 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 |
|---|---|
| £485,000 | 4 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £485,000 results in an estimated price of approximately £566,448.
| 4 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £485,000 | £81,448 | £566,448 |
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 | 7.967 % | £38,638 | £523,638 |
| 3 Month Average | 1.194 % | £5,792 | £490,792 |
| 6 Month Average | 4.358 % | £21,136 | £506,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2024 | £485,500 | £485,500 | 59 OREGON SQUARE |
| 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 |
| 16 Aug 2023 | £1,069,286 | £1,050,000 | 104 CROFTON ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Aug 2020. Using an estimated price of £566,449 means this house is valued at £6,364 per sq meter (£591 per sq foot).
The average size of a house on OREGON SQUARE is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Kelvin Parade | |
| Jul 2024 | Anti-social behaviour | On or near Kelvin Parade | |
| Jul 2024 | Anti-social behaviour | On or near Kelvin Parade | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pickering Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Gleneagles Close |