£408,108
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Feb 2013. 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 |
---|---|
£240,000 | 12 Feb 2013 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2013 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £240,000 results in an estimated price of approximately £408,108.
12 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.045 % | £240,000 | £168,108 | £408,108 |
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 | 70.432 % | £169,037 | £409,037 |
3 Month Average | 74.299 % | £178,317 | £418,317 |
6 Month Average | 68.964 % | £165,514 | £405,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £534,643 | £530,000 | 68 SPARROW DRIVE |
14 Nov 2022 | £457,859 | £460,000 | 39 SPARROW DRIVE |
14 Feb 2022 | £348,631 | £330,000 | 16 SPARROW DRIVE |
11 Feb 2022 | £343,349 | £325,000 | 22 SPARROW DRIVE |
25 Jan 2022 | £673,226 | £635,000 | 11 ABBOTS CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Nov 2012. Using an estimated price of £408,109 means this house is valued at £4,435 per sq meter (£412 per sq foot).
The average size of a house on SPARROW DRIVE is 97 sq meters (1,045 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Pickering Lane |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Gleneagles Close |
Apr 2024 | Anti-social behaviour | On or near Tandridge Drive | |
Apr 2024 | Anti-social behaviour | On or near Tandridge Drive | |
Apr 2024 | Anti-social behaviour | On or near Tandridge Drive |