£927,700
This estimated value is based upon the latest sale price for the house of £755,000 on 14 Jan 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 |
---|---|
£755,000 | 14 Jan 2020 |
£373,000 | 8 Oct 2003 |
£373,000 | 8 Oct 2003 |
£208,518 | 30 Jan 1998 |
Semi-Detached |
Freehold |
Floor Area: 146 sq meters or 1,571 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £755,000 results in an estimated price of approximately £927,700.
14 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £755,000 | £172,700 | £927,700 |
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 | -13.721 % | £-103,590 | £651,409 |
3 Month Average | 15.541 % | £117,338 | £872,338 |
6 Month Average | 9.186 % | £69,352 | £824,352 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £578,894 | £570,000 | 191 CROFTON LANE |
18 Oct 2023 | £708,594 | £692,500 | 10A HOMESDALE ROAD |
9 Oct 2023 | £736,733 | £720,000 | 27 HOMESDALE ROAD |
12 Aug 2022 | £472,458 | £470,249 | 14 CLAYWOOD CLOSE |
15 Jun 2022 | £651,425 | £637,500 | 44 RED CEDARS ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 24 Sep 2019. Using an estimated price of £927,701 means this house is valued at £6,354 per sq meter (£590 per sq foot).
The average size of a house on CROFTON LANE is 146 sq meters (1,576 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Kingswood Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Dale Wood Road |