£301,616
This estimated value is based upon the latest sale price for the house of £175,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Broom Avenue
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29-31 Leith Hill, Orpington, BR5 2RS
Phone: 02081284272
| Price Paid | Date |
|---|---|
| £175,000 | 25 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 845 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £175,000 results in an estimated price of approximately £301,616.
| 25 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £175,000 | £126,616 | £301,616 |
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 | 56.946 % | £99,655 | £274,655 |
| 3 Month Average | 65.494 % | £114,613 | £289,613 |
| 6 Month Average | 74.118 % | £129,706 | £304,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £407,123 | £400,000 | 14 CROXLEY CLOSE |
| 25 Sep 2023 | £465,958 | £460,000 | 48 DAWSON AVENUE |
| 28 Apr 2023 | £164,774 | £163,000 | 6 CROXLEY CLOSE |
| 16 Mar 2023 | £284,682 | £282,000 | 4 BROOM AVENUE |
| 10 Feb 2023 | £434,707 | £435,000 | 1 PALEWELL CLOSE |
This house has a floor area of 78 sq meters or 845 sq feet when measured on 11 Jan 2012. Using an estimated price of £301,617 means this house is valued at £3,840 per sq meter (£356 per sq foot).
The average size of a house on BROOM AVENUE is 77 sq meters (837 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Broom Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palewell Close |