£436,806
This estimated value is based upon the latest sale price for the house of £360,000 on 27 Mar 2020. 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 |
|---|---|
| £360,000 | 27 Mar 2020 |
| £345,000 | 24 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £360,000 results in an estimated price of approximately £436,806.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £360,000 | £76,806 | £436,806 |
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 | -0.692 % | £-2,490 | £357,509 |
| 3 Month Average | 13.952 % | £50,226 | £410,226 |
| 6 Month Average | 10.828 % | £38,981 | £398,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £441,199 | £430,000 | 5 AMHERST DRIVE |
| 30 Jun 2023 | £382,669 | £375,000 | 8 AMHERST DRIVE |
| 23 Feb 2023 | £281,883 | £280,000 | 36 AMHERST CLOSE |
| 8 Jul 2022 | £435,867 | £431,500 | 47 AMHERST DRIVE |
| 28 Jan 2022 | £496,173 | £468,000 | 19 PRIORSFORD AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 26 May 2015. Using an estimated price of £436,807 means this house is valued at £4,550 per sq meter (£422 per sq foot).
The average size of a house on AMHERST CLOSE is 85 sq meters (923 sq feet).