£704,780
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Chatsworth Parade, Petts wood, Orpington, BR5 1DF
Phone: 01689326425
| Price Paid | Date |
|---|---|
| £300,000 | 25 Jun 2003 |
| £156,000 | 16 Jul 1998 |
| Semi-Detached |
| Freehold |
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 June 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 134.927%.Applying this 134.927% change to the original purchase price of £300,000 results in an estimated price of approximately £704,780.
| 25 Jun 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.0 | 134.927 % | £300,000 | £404,780 | £704,780 |
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 | 176.942 % | £530,826 | £830,826 |
| 3 Month Average | 125.628 % | £376,884 | £676,884 |
| 6 Month Average | 150.371 % | £451,113 | £751,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £623,793 | £620,000 | 32 LAKESWOOD ROAD |
| 20 Jul 2023 | £769,277 | £762,000 | 35 CREST VIEW DRIVE |
| 19 Jul 2023 | £757,162 | £750,000 | 13 CREST VIEW DRIVE |
| 8 Jun 2023 | £685,559 | £680,000 | 8 CREST VIEW DRIVE |
| 9 Aug 2022 | £715,168 | £720,000 | 27 CREST VIEW DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Franks Wood Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Franks Wood Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Franks Wood Avenue |
| Mar 2024 | Anti-social behaviour | On or near Crest View Drive | |
| Feb 2024 | Other theft | Under investigation | On or near Crest View Drive |