£290,767
This estimated value is based upon the latest sale price for the house of £170,000 on 19 Oct 2012. 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 |
---|---|
£170,000 | 19 Oct 2012 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £170,000 results in an estimated price of approximately £290,767.
19 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 71.040 % | £170,000 | £120,767 | £290,767 |
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 | 69.769 % | £118,606 | £288,606 |
3 Month Average | 62.725 % | £106,632 | £276,632 |
6 Month Average | 65.948 % | £112,111 | £282,111 |
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 |
24 Feb 2023 | £251,681 | £250,000 | FLAT 6 2 MARION CRESCENT |
23 Feb 2023 | £377,522 | £375,000 | 6 CROSS ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Sep 2020. Using an estimated price of £290,767 means this house is valued at £3,825 per sq meter (£355 per sq foot).
The average size of a house on CROSS ROAD is 89 sq meters (968 sq feet).