£1,040,104
This estimated value is based upon the latest sale price for the house of £780,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Fairway, Petts Wood, Orpington, BR5 1EF
Phone: 01689867104
| Price Paid | Date |
|---|---|
| £780,000 | 24 Mar 2016 |
| £525,000 | 29 May 2015 |
| £195,000 | 22 Jun 1999 |
| Semi-Detached |
| 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.347%.Applying this 33.347% change to the original purchase price of £780,000 results in an estimated price of approximately £1,040,104.
| 24 Mar 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 146.7 | 33.347 % | £780,000 | £260,104 | £1,040,104 |
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 | 9.403 % | £73,345 | £853,345 |
| 3 Month Average | 17.697 % | £138,035 | £918,035 |
| 6 Month Average | 27.501 % | £214,509 | £994,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2022 | £927,497 | £925,000 | 18 WEST WAY |
| 23 Oct 2020 | £724,379 | £617,500 | 19A STATION SQUARE |
| 22 Oct 2020 | £932,601 | £795,000 | 167 PETTS WOOD ROAD |
| 5 Jun 2020 | £387,525 | £320,000 | 13A STATION SQUARE |
| 6 Dec 2019 | £775,929 | £632,500 | 12 MAPLE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near West Way | |
| Jan 2024 | Anti-social behaviour | On or near West Way | |
| Jan 2024 | Anti-social behaviour | On or near West Way |