£444,804
This estimated value is based upon the latest sale price for the house of £362,000 on 21 Jan 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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280 High Street, Orpington, BR6 0ND
Phone: 01613001456
| Price Paid | Date |
|---|---|
| £362,000 | 21 Jan 2020 |
| £310,000 | 22 Apr 2016 |
| £191,000 | 25 Nov 2011 |
| £155,000 | 4 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £362,000 results in an estimated price of approximately £444,804.
| 21 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £362,000 | £82,804 | £444,804 |
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 | -13.721 % | £-49,668 | £312,331 |
| 3 Month Average | 15.541 % | £56,260 | £418,260 |
| 6 Month Average | 9.186 % | £33,252 | £395,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £526,168 | £510,000 | 54 SPUR ROAD |
| 9 Mar 2023 | £404,760 | £398,000 | FLAT 5 SAPPHIRE HOUSE, 21 HOMEFIELD RISE |
| 3 Mar 2023 | £523,747 | £515,000 | 32 HOMEFIELD RISE |
| 30 Sep 2021 | £488,506 | £450,000 | FLAT 23 SAPPHIRE HOUSE, 21 HOMEFIELD RISE |
| 4 Jun 2021 | £448,560 | £415,000 | FLAT 1 SAPPHIRE HOUSE, 21 HOMEFIELD RISE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 May 2019. Using an estimated price of £444,805 means this house is valued at £7,803 per sq meter (£724 per sq foot).
The average size of a house on LANCING ROAD is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |