£1,137,009
This estimated value is based upon the latest sale price for the house of £910,000 on 16 Feb 2018. 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 |
|---|---|
| £910,000 | 16 Feb 2018 |
| £340,000 | 13 Nov 2015 |
| £290,000 | 19 Sep 2013 |
| 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £910,000 results in an estimated price of approximately £1,137,009.
| 16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £910,000 | £227,009 | £1,137,009 |
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 | 7.624 % | £69,376 | £979,376 |
| 3 Month Average | 11.791 % | £107,295 | £1,017,295 |
| 6 Month Average | 16.139 % | £146,866 | £1,056,866 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £335,000 | £335,000 | 106 SANDWAY ROAD |
| 27 Jul 2023 | £217,933 | £215,000 | 32 STAR LANE |
| 3 Feb 2023 | £363,755 | £364,000 | 5 SYDNEY COTTAGES |
| 17 Nov 2022 | £256,888 | £260,000 | 29 BANNISTER GARDENS |
| 29 Jun 2022 | £289,085 | £285,000 | 47 STAR LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Penshurst Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Penshurst Way |
| Jan 2024 | Other theft | Under investigation | On or near Penshurst Way |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Penshurst Way |
| Jan 2024 | Public order | Under investigation | On or near Penshurst Way |