£575,706
This estimated value is based upon the latest sale price for the house of £449,950 on 30 Aug 2017. 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 |
|---|---|
| £449,950 | 30 Aug 2017 |
| £250,000 | 11 Dec 2009 |
| £240,000 | 16 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £449,950 results in an estimated price of approximately £575,706.
| 30 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £449,950 | £125,756 | £575,706 |
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 | 4.747 % | £21,361 | £471,311 |
| 3 Month Average | 2.230 % | £10,034 | £459,984 |
| 6 Month Average | 15.140 % | £68,120 | £518,070 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jul 2024 | £475,000 | £475,000 | 75 PLACE FARM AVENUE |
| 1 Sep 2023 | £424,355 | £415,000 | 39 PLACE FARM AVENUE |
| 10 Mar 2023 | £533,916 | £525,000 | 9 WOODCOTE DRIVE |
| 12 Jul 2022 | £429,302 | £425,000 | 37 PLACE FARM AVENUE |
| 1 Apr 2022 | £518,711 | £500,000 | 79 PLACE FARM AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 29 Mar 2017. Using an estimated price of £575,707 means this house is valued at £5,935 per sq meter (£551 per sq foot).
The average size of a house on PLACE FARM AVENUE is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Woodcote Drive |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Woodcote Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Lewing Close |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Birkdale Close |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Birkdale Close |