£503,362
This estimated value is based upon the latest sale price for the house of £500,000 on 1 Feb 2023. 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 |
|---|---|
| £500,000 | 1 Feb 2023 |
| £145,450 | 3 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £500,000 results in an estimated price of approximately £503,362.
| 1 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £500,000 | £3,362 | £503,362 |
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 | -0.005 % | £-25 | £499,974 |
| 3 Month Average | 8.026 % | £40,130 | £540,130 |
| 6 Month Average | 0.464 % | £2,320 | £502,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £458,374 | £446,739 | 35 TANDRIDGE DRIVE |
| 11 Sep 2023 | £560,352 | £548,000 | 23 TANDRIDGE DRIVE |
| 11 Aug 2023 | £488,816 | £480,000 | GARAGE 251 TANDRIDGE PLACE |
| 11 Aug 2023 | £488,816 | £480,000 | 4 TANDRIDGE PLACE |
| 31 Mar 2023 | £539,001 | £530,000 | 6 TURNBERRY WAY |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Feb 2019. Using an estimated price of £503,362 means this house is valued at £4,887 per sq meter (£454 per sq foot).
The average size of a house on TURNBERRY WAY is 116 sq meters (1,256 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Turnberry Way |
| Apr 2024 | Anti-social behaviour | On or near Tandridge Drive | |
| Apr 2024 | Anti-social behaviour | On or near Tandridge Drive | |
| Apr 2024 | Anti-social behaviour | On or near Tandridge Drive | |
| Apr 2024 | Anti-social behaviour | On or near Tandridge Drive |