£288,722
This estimated value is based upon the latest sale price for the house of £265,000 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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182 High Street, Orpington, BR6 0JW
Phone: 01689768099
Price Paid | Date |
---|---|
£265,000 | 29 Nov 2021 |
£272,000 | 14 Feb 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £265,000 results in an estimated price of approximately £288,722.
29 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £265,000 | £23,722 | £288,722 |
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 | 4.628 % | £12,263 | £277,263 |
3 Month Average | -6.823 % | £-18,081 | £246,918 |
6 Month Average | -4.409 % | £-11,682 | £253,317 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £424,030 | £411,000 | 4 HOOD AVENUE |
9 Nov 2023 | £264,207 | £257,500 | 38A MARION CRESCENT |
17 Apr 2023 | £448,387 | £440,000 | 26 POVEREST ROAD |
10 Mar 2023 | £364,080 | £358,000 | 39 HOOD AVENUE |
24 Feb 2023 | £251,681 | £250,000 | FLAT 6 2 MARION CRESCENT |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 1 Sep 2017. Using an estimated price of £288,723 means this house is valued at £6,416 per sq meter (£596 per sq foot).
The average size of a house on MARION CRESCENT is 85 sq meters (920 sq feet).