£340,795
This estimated value is based upon the latest sale price for the house of £275,000 on 10 Jul 2018. 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 |
|---|---|
| £275,000 | 10 Jul 2018 |
| £162,000 | 21 Aug 2013 |
| £129,995 | 1 May 2003 |
| £91,250 | 14 Jul 2000 |
| £39,000 | 14 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £275,000 results in an estimated price of approximately £340,795.
| 10 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £275,000 | £65,795 | £340,795 |
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 | 0.655 % | £1,801 | £276,801 |
| 3 Month Average | 13.436 % | £36,948 | £311,948 |
| 6 Month Average | 21.864 % | £60,126 | £335,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £344,404 | £340,000 | 75 HEARNS ROAD |
| 7 Sep 2023 | £379,857 | £375,000 | 27 HEARNS ROAD |
| 30 Aug 2023 | £327,868 | £325,000 | 25 HEARNS ROAD |
| 16 Aug 2023 | £324,842 | £322,000 | 94 BRANTWOOD WAY |
| 7 Jul 2023 | £527,094 | £520,000 | 10 VERYAN CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 24 May 2013. Using an estimated price of £340,795 means this house is valued at £4,799 per sq meter (£445 per sq foot).
The average size of a house on HEARNS ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hearns Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hearns Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hearns Road |