£357,692
This estimated value is based upon the latest sale price for the house of £231,000 on 9 Jun 2014. 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 |
---|---|
£231,000 | 9 Jun 2014 |
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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £231,000 results in an estimated price of approximately £357,692.
9 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £231,000 | £126,692 | £357,692 |
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 | 35.330 % | £81,612 | £312,612 |
3 Month Average | 47.921 % | £110,698 | £341,698 |
6 Month Average | 50.700 % | £117,117 | £348,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £398,106 | £388,000 | BASRA BLACKSMITHS LANE |
10 Mar 2023 | £459,677 | £452,000 | 23 OKEMORE GARDENS |
19 Jul 2022 | £363,644 | £360,000 | 36 BLACKSMITHS LANE |
13 Dec 2021 | £302,206 | £280,000 | FLAT 8 SUMMIT HOUSE, 3 HARBLEDOWN PLACE |
3 Dec 2021 | £383,694 | £355,500 | HIGHLAND COURT BLACKSMITHS LANE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 8 Apr 2015. Using an estimated price of £357,693 means this house is valued at £3,687 per sq meter (£342 per sq foot).
The average size of a house on OKEMORE GARDENS is 104 sq meters (1,121 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Blacksmiths Lane |
Apr 2024 | Vehicle crime | Under investigation | On or near Belgrave Close |
Apr 2024 | Public order | Under investigation | On or near Withens Close |
Apr 2024 | Drugs | Under investigation | On or near Richborough Close |
Apr 2024 | Anti-social behaviour | On or near Wickets Close |