£545,494
This estimated value is based upon the latest sale price for the house of £115,000 on 5 May 1998. 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 |
|---|---|
| £115,000 | 5 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 1998 the House Price Index for GREATER LONDON was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £115,000 results in an estimated price of approximately £545,494.
| 5 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 149.7 | 374.343 % | £115,000 | £430,494 | £545,494 |
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 | 299.216 % | £344,098 | £459,098 |
| 3 Month Average | 327.582 % | £376,719 | £491,719 |
| 6 Month Average | 333.509 % | £383,534 | £498,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £216,883 | £215,000 | 8 COLERIDGE WAY |
| 18 Dec 2023 | £840,837 | £815,000 | 16 THE GREENWAY |
| 11 Dec 2023 | £165,072 | £160,000 | 14 COLERIDGE WAY |
| 16 Nov 2023 | £225,730 | £220,000 | 22 COLERIDGE WAY |
| 19 Sep 2023 | £189,170 | £185,000 | 30 COLERIDGE WAY |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 12 Jun 2019. Using an estimated price of £545,495 means this house is valued at £5,865 per sq meter (£544 per sq foot).
The average size of a house on BROOKMEAD WAY is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brookmead Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near The Greenway |
| Apr 2024 | Anti-social behaviour | On or near The Greenway | |
| Apr 2024 | Anti-social behaviour | On or near The Greenway | |
| Apr 2024 | Anti-social behaviour | On or near The Greenway |