£955,737
This estimated value is based upon the latest sale price for the house of £938,500 on 18 Aug 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 |
---|---|
£938,500 | 18 Aug 2023 |
£185,000 | 15 May 1998 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 August 2023 the House Price Index for GREATER LONDON was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £938,500 results in an estimated price of approximately £955,737.
18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £938,500 | £17,237 | £955,737 |
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 | -27.776 % | £-260,677 | £677,822 |
3 Month Average | -18.195 % | £-170,763 | £767,736 |
6 Month Average | -10.089 % | £-94,683 | £843,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £577,753 | £560,000 | 36 OREGON SQUARE |
1 Nov 2023 | £497,632 | £485,000 | 4 OREGON SQUARE |
18 Aug 2023 | £955,738 | £938,500 | 21 ALLINGTON ROAD |
12 Aug 2022 | £627,936 | £625,000 | 22 OREGON SQUARE |
29 Jun 2022 | £909,440 | £890,000 | 15 THE RIDGE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 29 Jun 2015. Using an estimated price of £955,738 means this house is valued at £6,976 per sq meter (£648 per sq foot).
The average size of a house on ALLINGTON ROAD is 98 sq meters (1,062 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Kelvin Parade | |
Jul 2024 | Anti-social behaviour | On or near Kelvin Parade | |
Jul 2024 | Anti-social behaviour | On or near Kelvin Parade | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Andover Road |
Jul 2024 | Anti-social behaviour | On or near Andover Road |