£633,496
This estimated value is based upon the latest sale price for the house of £420,000 on 14 Nov 2014. 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 |
|---|---|
| £420,000 | 14 Nov 2014 |
| £300,000 | 23 Nov 2006 |
| £119,950 | 31 May 1996 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 933 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £420,000 results in an estimated price of approximately £633,496.
| 14 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £420,000 | £213,496 | £633,496 |
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 | 23.483 % | £98,626 | £518,626 |
| 3 Month Average | 27.332 % | £114,795 | £534,795 |
| 6 Month Average | 28.108 % | £118,052 | £538,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jul 2024 | £475,000 | £475,000 | 75 PLACE FARM AVENUE |
| 7 Sep 2023 | £541,947 | £530,000 | 34 WOODCOTE DRIVE |
| 1 Sep 2023 | £424,355 | £415,000 | 39 PLACE FARM AVENUE |
| 12 Jul 2022 | £429,302 | £425,000 | 37 PLACE FARM AVENUE |
| 30 May 2022 | £323,426 | £315,000 | 91 WOODCOTE DRIVE |
This house has a floor area of 86 sq meters or 933 sq feet when measured on 2 Aug 2010. Using an estimated price of £633,497 means this house is valued at £7,305 per sq meter (£678 per sq foot).
The average size of a house on LEWING CLOSE is 127 sq meters (1,376 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lewing Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Vanburgh Close |
| Aug 2024 | Public order | Under investigation | On or near Vanburgh Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Vanburgh Close |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Vanburgh Close |