£388,396
This estimated value is based upon the latest sale price for the house of £318,000 on 8 Oct 2019. 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 |
|---|---|
| £318,000 | 8 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £318,000 results in an estimated price of approximately £388,396.
| 8 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £318,000 | £70,396 | £388,396 |
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 | 13.301 % | £42,295 | £360,295 |
| 3 Month Average | -3.935 % | £-12,513 | £305,486 |
| 6 Month Average | 13.033 % | £41,445 | £359,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £393,046 | £388,000 | BASRA BLACKSMITHS LANE |
| 10 Mar 2023 | £454,457 | £452,000 | 23 OKEMORE GARDENS |
| 19 Jul 2022 | £359,514 | £360,000 | 36 BLACKSMITHS LANE |
| 12 Nov 2021 | £389,927 | £362,000 | HAMILTON BLACKSMITHS LANE |
| 3 Nov 2021 | £323,144 | £300,000 | 9 OLDBURY CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Sep 2019. Using an estimated price of £388,396 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on BLACKSMITHS LANE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Blacksmiths Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Blacksmiths Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blacksmiths Lane |
| Apr 2024 | Anti-social behaviour | On or near Wickets Close | |
| Apr 2024 | Public order | Under investigation | On or near Withens Close |