£226,599
This estimated value is based upon the latest sale price for the house of £43,000 on 1 Apr 1997. 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 |
|---|---|
| £43,000 | 1 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 April 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £43,000 results in an estimated price of approximately £226,599.
| 1 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £43,000 | £183,599 | £226,599 |
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 | 323.165 % | £138,961 | £181,961 |
| 3 Month Average | 366.249 % | £157,487 | £200,487 |
| 6 Month Average | 354.005 % | £152,222 | £195,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £266,042 | £260,000 | 105 LEESONS WAY |
| 31 Aug 2023 | £427,714 | £420,000 | 49 LEESONS WAY |
| 25 Aug 2023 | £371,704 | £365,000 | 47 LEESONS WAY |
| 31 Mar 2023 | £1,073,935 | £1,056,000 | 12 HIGHFIELD ROAD |
| 23 Nov 2022 | £622,091 | £625,000 | 26 HIGHFIELD ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 16 May 2019. Using an estimated price of £226,600 means this house is valued at £5,395 per sq meter (£501 per sq foot).
The average size of a house on LEESONS WAY is 74 sq meters (805 sq feet).