£511,520
This estimated value is based upon the latest sale price for the house of £450,000 on 8 Jan 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
1 Fairway, Petts Wood, Orpington, BR5 1EF
Phone: 01689867104
| Price Paid | Date |
|---|---|
| £450,000 | 8 Jan 2021 |
| £392,500 | 9 Dec 2016 |
| £230,000 | 16 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 January 2021 the House Price Index for GREATER LONDON was 130.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 13.671%.Applying this 13.671% change to the original purchase price of £450,000 results in an estimated price of approximately £511,520.
| 8 Jan 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 148.0 | 13.671 % | £450,000 | £61,520 | £511,520 |
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 | 14.844 % | £66,800 | £516,800 |
| 3 Month Average | -6.144 % | £-27,648 | £422,351 |
| 6 Month Average | -0.445 % | £-2,003 | £447,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £482,937 | £480,000 | 4 TANDRIDGE PLACE |
| 11 Aug 2023 | £482,937 | £480,000 | GARAGE 251 TANDRIDGE PLACE |
| 14 Jul 2023 | £464,393 | £460,000 | 72 TANDRIDGE DRIVE |
| 20 Mar 2023 | £452,446 | £450,000 | 8 AINSDALE CLOSE |
| 9 Feb 2023 | £420,511 | £422,500 | 19 AINSDALE CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 5 Apr 2016. Using an estimated price of £511,521 means this house is valued at £4,487 per sq meter (£416 per sq foot).
The average size of a house on AINSDALE CLOSE is 93 sq meters (1,001 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Ainsdale Close | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ainsdale Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ferndown Avenue |
| Apr 2024 | Anti-social behaviour | On or near Tandridge Drive | |
| Feb 2024 | Burglary | Under investigation | On or near Tandridge Drive |