£256,798
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Jan 2022. 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 |
|---|---|
| £245,000 | 18 Jan 2022 |
| £120,000 | 26 Nov 2008 |
| £43,000 | 9 Feb 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £245,000 results in an estimated price of approximately £256,798.
| 18 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £245,000 | £11,798 | £256,798 |
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 | -2.358 % | £-5,777 | £239,222 |
| 3 Month Average | -10.131 % | £-24,820 | £220,179 |
| 6 Month Average | 0.978 % | £2,396 | £247,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £301,835 | £300,000 | 26 CURTISMILL WAY |
| 27 Jun 2023 | £1,325,749 | £1,315,000 | 351 CHIPPERFIELD ROAD |
| 21 Apr 2023 | £408,536 | £405,500 | 13 HYDE DRIVE |
| 24 Feb 2023 | £512,576 | £515,000 | 14 CURTISMILL CLOSE |
| 18 May 2022 | £355,281 | £350,000 | 62 CURTISMILL WAY |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 18 May 2021. Using an estimated price of £256,799 means this house is valued at £7,337 per sq meter (£681 per sq foot).
The average size of a house on LEESONS HILL is 73 sq meters (796 sq feet).