£737,245
This estimated value is based upon the latest sale price for the house of £600,000 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Princess Parade, Crofton Road, Orpington, BR6 8NP
Phone: 01689867057
Price Paid | Date |
---|---|
£600,000 | 10 Jan 2020 |
Terraced |
Freehold |
Floor Area: 132 sq meters or 1,420 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 £600,000 results in an estimated price of approximately £737,245.
10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £600,000 | £137,245 | £737,245 |
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 % | £-82,323 | £517,676 |
3 Month Average | 15.541 % | £93,248 | £693,248 |
6 Month Average | 9.186 % | £55,114 | £655,114 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £301,650 | £295,000 | FLAT 4 SALISBURY HOUSE, 8 COTTONWOOD CLOSE |
8 Aug 2023 | £371,704 | £365,000 | APARTMENT 2 BASSETTS HOUSE, 8 ACORN WAY |
6 Jun 2023 | £663,292 | £650,000 | 1 OSIER CLOSE |
29 Jul 2022 | £727,287 | £720,000 | 7 ACORN WAY |
26 Apr 2022 | £430,530 | £415,000 | FLAT 4 CAVENDISH HOUSE, 3 OSIER CLOSE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 12 Sep 2019. Using an estimated price of £737,246 means this house is valued at £5,585 per sq meter (£518 per sq foot).
The average size of a house on ACORN WAY is 123 sq meters (1,329 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Bassetts Close |
Apr 2024 | Anti-social behaviour | On or near Lyndhurst Close | |
Apr 2024 | Anti-social behaviour | On or near Lyndhurst Close | |
Apr 2024 | Anti-social behaviour | On or near Lyndhurst Close | |
Apr 2024 | Anti-social behaviour | On or near Lyndhurst Close |