£650,828
This estimated value is based upon the latest sale price for the house of £525,000 on 23 Aug 2019. 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 |
|---|---|
| £525,000 | 23 Aug 2019 |
| £430,000 | 24 Apr 2014 |
| £340,000 | 15 Nov 2011 |
| £275,000 | 21 Dec 2005 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £525,000 results in an estimated price of approximately £650,828.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £525,000 | £125,828 | £650,828 |
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 | 25.645 % | £134,633 | £659,633 |
| 3 Month Average | 8.888 % | £46,660 | £571,660 |
| 6 Month Average | 14.660 % | £76,962 | £601,962 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £832,000 | £832,000 | 22 DARRICK WOOD ROAD |
| 10 Nov 2023 | £579,716 | £565,000 | 31 FOXFIELD ROAD |
| 23 Jun 2023 | £765,337 | £750,000 | 19 DARRICK WOOD ROAD |
| 23 Feb 2023 | £797,830 | £792,500 | 84 RUSLAND AVENUE |
| 25 Apr 2022 | £871,434 | £840,000 | 52 DARRICK WOOD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 6 Jul 2010. Using an estimated price of £650,829 means this house is valued at £10,320 per sq meter (£958 per sq foot).
The average size of a house on FOXFIELD ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Torver Way |
| Aug 2024 | Drugs | Further investigation is not in the public interest | On or near Foxfield Road |
| Sep 2024 | Anti-social behaviour | On or near Newstead Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Newstead Avenue | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Tile Farm Road |