£487,477
This estimated value is based upon the latest sale price for the house of £345,000 on 30 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Oregon Square
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1 Fairway, Petts Wood, Orpington, BR5 1EF
Phone: 01689867104
| Price Paid | Date |
|---|---|
| £345,000 | 30 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 41.298%.Applying this 41.298% change to the original purchase price of £345,000 results in an estimated price of approximately £487,477.
| 30 Sep 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.0 | 41.298 % | £345,000 | £142,477 | £487,477 |
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 | -2.087 % | £-7,199 | £337,800 |
| 3 Month Average | -7.253 % | £-25,022 | £319,977 |
| 6 Month Average | 9.276 % | £32,003 | £377,003 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £630,969 | £625,000 | 85 ALLINGTON ROAD |
| 20 Mar 2023 | £452,446 | £450,000 | 8 AINSDALE CLOSE |
| 9 Feb 2023 | £420,511 | £422,500 | 19 AINSDALE CLOSE |
| 27 Jan 2023 | £557,106 | £562,000 | 6 OREGON SQUARE |
| 16 Dec 2021 | £571,939 | £536,000 | 57 OREGON SQUARE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 16 Jun 2014. Using an estimated price of £487,477 means this house is valued at £5,735 per sq meter (£532 per sq foot).
The average size of a house on FERNDOWN AVENUE is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Oregon Square |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ferndown Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Pinewood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eccleston Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Eccleston Close |