£310,325
This estimated value is based upon the latest sale price for the house of £154,000 on 28 May 2004. 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 |
---|---|
£154,000 | 28 May 2004 |
Terraced |
Freehold |
Floor Area: 127 sq meters or 1,375 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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £154,000 results in an estimated price of approximately £310,325.
28 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £154,000 | £156,325 | £310,325 |
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 | 114.706 % | £176,647 | £330,647 |
3 Month Average | 121.014 % | £186,361 | £340,361 |
6 Month Average | 141.245 % | £217,517 | £371,517 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £370,485 | £365,000 | 27 SHEEN ROAD |
15 Sep 2023 | £734,390 | £725,000 | 231 AMHERST DRIVE |
16 Aug 2023 | £438,839 | £435,000 | 6 ASCOT ROAD |
8 Feb 2023 | £412,223 | £412,500 | 14 DORNEY RISE |
10 Oct 2022 | £430,366 | £435,000 | 9 ASCOT ROAD |
This house has a floor area of 127 sq meters or 1,375 sq feet when measured on 11 Oct 2008. Using an estimated price of £310,325 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on ASCOT ROAD is 84 sq meters (912 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,375 sq feet).