£477,358
This estimated value is based upon the latest sale price for the house of £322,500 on 28 Apr 2015. 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 |
---|---|
£322,500 | 28 Apr 2015 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £322,500 results in an estimated price of approximately £477,358.
28 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £322,500 | £154,858 | £477,358 |
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 | 21.310 % | £68,725 | £391,225 |
3 Month Average | 31.588 % | £101,871 | £424,371 |
6 Month Average | 27.494 % | £88,668 | £411,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2024 | £390,000 | £390,000 | 48 FERNDOWN AVENUE |
22 Sep 2023 | £437,648 | £428,000 | 4 AINSDALE CLOSE |
1 Sep 2023 | £424,355 | £415,000 | 39 PLACE FARM AVENUE |
11 Aug 2023 | £488,816 | £480,000 | GARAGE 251 TANDRIDGE PLACE |
11 Aug 2023 | £488,816 | £480,000 | 4 TANDRIDGE PLACE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Dec 2021. Using an estimated price of £477,358 means this house is valued at £5,132 per sq meter (£476 per sq foot).
The average size of a house on TANDRIDGE DRIVE is 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | |
Apr 2024 | Anti-social behaviour | On or near Tandridge Drive | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Turnberry Way |