£427,725
This estimated value is based upon the latest sale price for the house of £180,000 on 19 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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29-31 Leith Hill, Orpington, BR5 2RS
Phone: 02081284272
| Price Paid | Date |
|---|---|
| £180,000 | 19 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 June 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £180,000 results in an estimated price of approximately £427,725.
| 19 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £180,000 | £247,725 | £427,725 |
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 | 136.608 % | £245,893 | £425,893 |
| 3 Month Average | 144.684 % | £260,431 | £440,431 |
| 6 Month Average | 140.813 % | £253,464 | £433,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £365,617 | £360,000 | 8 TILBURY CLOSE |
| 25 Sep 2023 | £470,369 | £460,000 | 48 DAWSON AVENUE |
| 31 Aug 2023 | £193,490 | £190,000 | 5 DAWSON AVENUE |
| 20 Jun 2022 | £444,502 | £435,000 | 15 BROOM AVENUE |
| 18 Mar 2022 | £407,134 | £390,000 | 31 DAWSON AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 19 Sep 2017. Using an estimated price of £427,726 means this house is valued at £4,502 per sq meter (£418 per sq foot).
The average size of a house on DAWSON AVENUE is 82 sq meters (889 sq feet).