£829,526
This estimated value is based upon the latest sale price for the house of £710,000 on 12 Oct 2020. 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 |
|---|---|
| £710,000 | 12 Oct 2020 |
| £211,000 | 2 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £710,000 results in an estimated price of approximately £829,526.
| 12 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £710,000 | £119,526 | £829,526 |
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 | 2.735 % | £19,421 | £729,421 |
| 3 Month Average | -10.162 % | £-72,152 | £637,847 |
| 6 Month Average | 14.832 % | £105,309 | £815,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £689,036 | £676,000 | 20 ROMANY RISE |
| 18 Aug 2023 | £860,231 | £855,000 | 53 CROFTON LANE |
| 30 Mar 2023 | £872,215 | £867,500 | 18 ROMANY RISE |
| 26 Jul 2022 | £798,920 | £800,000 | 1 CROFTON LANE |
| 23 Jun 2022 | £808,191 | £800,000 | 132A CROFTON ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 13 Aug 2020. Using an estimated price of £829,526 means this house is valued at £5,317 per sq meter (£494 per sq foot).
The average size of a house on CROFTON LANE is 138 sq meters (1,488 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Pickering Lane |
| Jan 2024 | Public order | Under investigation | On or near Pickering Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gumping Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eccleston Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Eccleston Close |