£770,989
This estimated value is based upon the latest sale price for the house of £757,500 on 7 Dec 2023. 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 |
|---|---|
| £757,500 | 7 Dec 2023 |
| £144,000 | 25 Jul 1996 |
| 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 December 2023 the House Price Index for GREATER LONDON was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £757,500 results in an estimated price of approximately £770,989.
| 7 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £757,500 | £13,489 | £770,989 |
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 | -25.278 % | £-191,477 | £566,022 |
| 3 Month Average | -8.328 % | £-63,083 | £694,416 |
| 6 Month Average | -10.143 % | £-76,836 | £680,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £770,990 | £757,500 | 4 CROFTON AVENUE |
| 7 Aug 2023 | £1,045,143 | £1,036,000 | 1 OAKWOOD GARDENS |
| 10 Jul 2023 | £623,390 | £615,000 | 2 FOXFIELD ROAD |
| 8 Jun 2023 | £809,809 | £800,000 | 91 GRANGE ROAD |
| 1 Jun 2023 | £890,790 | £880,000 | 5 CROFTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crofton Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crofton Avenue |
| Feb 2024 | Anti-social behaviour | On or near Grange Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Darrick Wood Road |
| Feb 2024 | Drugs | Under investigation | On or near Crofton Road |