£501,414
This estimated value is based upon the latest sale price for the house of £455,000 on 18 Oct 2021. 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 |
|---|---|
| £455,000 | 18 Oct 2021 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £455,000 results in an estimated price of approximately £501,414.
| 18 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £455,000 | £46,414 | £501,414 |
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 | 7.266 % | £33,058 | £488,058 |
| 3 Month Average | -12.569 % | £-57,190 | £397,809 |
| 6 Month Average | -2.850 % | £-12,966 | £442,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £314,031 | £310,000 | 77 CLAREVILLE ROAD |
| 4 Nov 2022 | £452,660 | £460,000 | 16 GUMPING ROAD |
| 20 Jun 2022 | £548,055 | £542,500 | 9 GUMPING ROAD |
| 17 Dec 2021 | £453,497 | £425,000 | 115 CLAREVILLE ROAD |
| 18 Oct 2021 | £501,415 | £455,000 | 49 GUMPING ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Mar 2014. Using an estimated price of £501,415 means this house is valued at £6,428 per sq meter (£597 per sq foot).
The average size of a house on GUMPING ROAD is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gumping Road |
| Feb 2024 | Drugs | Under investigation | On or near Crofton Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ormonde Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Woodview Close |
| Apr 2024 | Drugs | Under investigation | On or near Pickering Lane |