£362,825
This estimated value is based upon the latest sale price for the house of £210,000 on 13 Feb 2012. 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 |
---|---|
£210,000 | 13 Feb 2012 |
£225,000 | 1 Dec 2006 |
£105,000 | 22 Oct 1999 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 855 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £210,000 results in an estimated price of approximately £362,825.
13 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £210,000 | £152,825 | £362,825 |
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 | 84.446 % | £177,336 | £387,336 |
3 Month Average | 76.179 % | £159,976 | £369,976 |
6 Month Average | 72.198 % | £151,615 | £361,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £458,374 | £446,739 | 35 TANDRIDGE DRIVE |
11 Sep 2023 | £560,352 | £548,000 | 23 TANDRIDGE DRIVE |
11 Aug 2023 | £488,816 | £480,000 | 4 TANDRIDGE PLACE |
11 Aug 2023 | £488,816 | £480,000 | GARAGE 251 TANDRIDGE PLACE |
31 Mar 2023 | £539,001 | £530,000 | 6 TURNBERRY WAY |
This house has a floor area of 79 sq meters or 855 sq feet when measured on 3 Oct 2011. Using an estimated price of £362,826 means this house is valued at £4,566 per sq meter (£424 per sq foot).
The average size of a house on PLACE FARM AVENUE is 89 sq meters (965 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Other crime | Under investigation | On or near Turnberry Way |
Aug 2024 | Anti-social behaviour | On or near Turnberry Way | |
Aug 2024 | Anti-social behaviour | On or near Turnberry Way | |
Aug 2024 | Anti-social behaviour | On or near Turnberry Way | |
Oct 2024 | Anti-social behaviour | On or near Tandridge Drive |