£404,302
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Sep 2018. 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 |
|---|---|
| £325,000 | 4 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £325,000 results in an estimated price of approximately £404,302.
| 4 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £325,000 | £79,302 | £404,302 |
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 | 13.028 % | £42,339 | £367,339 |
| 3 Month Average | 12.945 % | £42,070 | £367,070 |
| 6 Month Average | 12.430 % | £40,396 | £365,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £142,235 | £141,000 | 87 DYKE DRIVE |
| 27 Oct 2023 | £480,923 | £470,000 | 25 GILLMANS ROAD |
| 6 Oct 2023 | £588,363 | £575,000 | 52 GILLMANS ROAD |
| 25 Aug 2023 | £381,888 | £375,000 | 22 GILLMANS ROAD |
| 28 Apr 2023 | £489,149 | £480,000 | 61 KYNASTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 May 2018. Using an estimated price of £404,302 means this house is valued at £4,756 per sq meter (£441 per sq foot).
The average size of a house on RAMSDEN ROAD is 90 sq meters (972 sq feet).