£610,351
This estimated value is based upon the latest sale price for the house of £455,000 on 25 Jul 2016. 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 |
|---|---|
| £455,000 | 25 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £455,000 results in an estimated price of approximately £610,351.
| 25 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £455,000 | £155,351 | £610,351 |
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 | 13.444 % | £61,171 | £516,171 |
| 3 Month Average | 21.591 % | £98,238 | £553,238 |
| 6 Month Average | 17.269 % | £78,576 | £533,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £697,431 | £676,000 | 20 ROMANY RISE |
| 30 Mar 2023 | £882,233 | £867,500 | 18 ROMANY RISE |
| 6 Feb 2023 | £765,111 | £760,000 | 187 CROFTON ROAD |
| 4 Nov 2022 | £457,859 | £460,000 | 16 GUMPING ROAD |
| 26 Jul 2022 | £808,097 | £800,000 | 1 CROFTON LANE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 30 Mar 2016. Using an estimated price of £610,352 means this house is valued at £5,812 per sq meter (£540 per sq foot).
The average size of a house on CLAREVILLE ROAD is 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Pickering Lane |
| Apr 2024 | Vehicle crime | Under investigation | On or near Darrick Wood Road |