£470,020
This estimated value is based upon the latest sale price for the house of £350,000 on 13 May 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29-31 Leith Hill, Orpington, BR5 2RS
Phone: 02081284272
Price Paid | Date |
---|---|
£350,000 | 13 May 2016 |
£229,950 | 11 Jan 2006 |
£78,000 | 18 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 992 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £350,000 results in an estimated price of approximately £470,020.
13 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £350,000 | £120,020 | £470,020 |
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 | 13.739 % | £48,085 | £398,085 |
3 Month Average | 18.061 % | £63,214 | £413,214 |
6 Month Average | 26.311 % | £92,087 | £442,087 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £360,000 | £360,000 | 8 TILBURY CLOSE |
10 Nov 2023 | £392,816 | £387,000 | 29 BROOMWOOD ROAD |
31 Aug 2023 | £191,677 | £190,000 | 5 DAWSON AVENUE |
18 Mar 2022 | £404,142 | £390,000 | 31 DAWSON AVENUE |
12 Nov 2021 | £416,383 | £385,000 | 20 TILBURY CLOSE |
This house has a floor area of 92 sq meters or 992 sq feet when measured on 1 Aug 2011. Using an estimated price of £470,020 means this house is valued at £5,100 per sq meter (£473 per sq foot).
The average size of a house on BROOMWOOD ROAD is 93 sq meters (1,009 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Dawson Avenue |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dawson Avenue |
Dec 2023 | Public order | Under investigation | On or near Dawson Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broomwood Road |
Jan 2024 | Robbery | Under investigation | On or near Broomwood Road |