£479,650
This estimated value is based upon the latest sale price for the house of £192,500 on 8 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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182 High Street, Orpington, BR6 0JW
Phone: 01689768099
| Price Paid | Date |
|---|---|
| £192,500 | 8 Jan 2003 |
| £135,000 | 26 Apr 2002 |
| £120,000 | 15 Mar 2002 |
| Semi-Detached |
| Freehold |
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 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £192,500 results in an estimated price of approximately £479,650.
| 8 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 149.7 | 149.169 % | £192,500 | £287,150 | £479,650 |
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 | 119.368 % | £229,783 | £422,283 |
| 3 Month Average | 157.167 % | £302,546 | £495,046 |
| 6 Month Average | 156.313 % | £300,902 | £493,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £360,000 | £360,000 | 57 SOMERDEN ROAD |
| 22 Mar 2024 | £375,773 | £370,000 | 71 SOMERDEN ROAD |
| 27 Nov 2023 | £381,689 | £372,000 | 54 SOMERDEN ROAD |
| 19 Oct 2023 | £373,483 | £365,000 | 10 RENTON DRIVE |
| 9 Jun 2023 | £377,566 | £370,000 | 13 AXTAINE ROAD |