£623,313
This estimated value is based upon the latest sale price for the house of £367,500 on 6 Jun 2012. 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 |
|---|---|
| £367,500 | 6 Jun 2012 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 776 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 June 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £367,500 results in an estimated price of approximately £623,313.
| 6 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £367,500 | £255,813 | £623,313 |
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 | 58.928 % | £216,562 | £584,062 |
| 3 Month Average | 67.639 % | £248,572 | £616,072 |
| 6 Month Average | 79.054 % | £290,523 | £658,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2022 | £454,495 | £460,000 | 39 SPARROW DRIVE |
| 11 Feb 2022 | £340,826 | £325,000 | 22 SPARROW DRIVE |
| 25 Jan 2022 | £668,279 | £635,000 | 11 ABBOTS CLOSE |
| 7 Jan 2022 | £210,482 | £200,000 | 69 SPARROW DRIVE |
| 16 Dec 2021 | £911,742 | £851,000 | 9 ABBOTS CLOSE |
This house has a floor area of 72 sq meters or 776 sq feet when measured on 24 Feb 2012. Using an estimated price of £623,314 means this house is valued at £8,640 per sq meter (£802 per sq foot).
The average size of a house on ABBOTS CLOSE is 119 sq meters (1,283 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Sparrow Drive | |
| Dec 2023 | Anti-social behaviour | On or near Sparrow Drive | |
| Dec 2023 | Anti-social behaviour | On or near Sparrow Drive | |
| Dec 2023 | Anti-social behaviour | On or near Sparrow Drive | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Honeybourne Way |