£640,608
This estimated value is based upon the latest sale price for the house of £570,000 on 18 Aug 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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182 High Street, Orpington, BR6 0JW
Phone: 01689768099
Price Paid | Date |
---|---|
£570,000 | 18 Aug 2021 |
£370,000 | 3 Feb 2015 |
£310,000 | 19 Feb 2007 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £570,000 results in an estimated price of approximately £640,608.
18 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 149.7 | 12.387 % | £570,000 | £70,608 | £640,608 |
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 | -3.995 % | £-22,772 | £547,227 |
3 Month Average | -1.322 % | £-7,532 | £562,467 |
6 Month Average | -6.686 % | £-38,109 | £531,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2022 | £337,208 | £330,000 | FLAT 2 26 DERRY DOWNS |
21 Apr 2022 | £363,098 | £350,000 | 54 DERRY DOWNS |
21 Sep 2021 | £651,342 | £600,000 | 41 DERRY DOWNS |
18 Aug 2021 | £640,608 | £570,000 | 37 DERRY DOWNS |
28 Jun 2021 | £740,394 | £685,000 | 49A DERRY DOWNS |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 27 Nov 2015. Using an estimated price of £640,608 means this house is valued at £6,604 per sq meter (£613 per sq foot).
The average size of a house on DERRY DOWNS is 134 sq meters (1,451 sq feet).