£550,276
This estimated value is based upon the latest sale price for the house of £542,500 on 20 Jun 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Chatsworth Parade, Petts wood, Orpington, BR5 1DF
Phone: 01689326425
| Price Paid | Date |
|---|---|
| £542,500 | 20 Jun 2022 |
| 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 June 2022 the House Price Index for GREATER LONDON was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £542,500 results in an estimated price of approximately £550,276.
| 20 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £542,500 | £7,776 | £550,276 |
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 | -2.573 % | £-13,961 | £528,538 |
| 3 Month Average | -6.699 % | £-36,343 | £506,156 |
| 6 Month Average | -1.942 % | £-10,538 | £531,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £688,038 | £676,000 | 20 ROMANY RISE |
| 30 Mar 2023 | £875,751 | £867,500 | 18 ROMANY RISE |
| 20 Jun 2022 | £550,276 | £542,500 | 9 GUMPING ROAD |
| 6 May 2022 | £336,337 | £330,000 | 33 CLAREVILLE ROAD |
| 17 Dec 2021 | £455,335 | £425,000 | 115 CLAREVILLE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gumping Road |
| Feb 2024 | Drugs | Under investigation | On or near Crofton Road |
| Apr 2024 | Drugs | Under investigation | On or near Pickering Lane |
| Jan 2024 | Public order | Under investigation | On or near Pickering Lane |
| Feb 2024 | Burglary | Under investigation | On or near Abbots Close |