16 LAKESWOOD ROAD

£560,842

Full Address

16 LAKESWOOD ROAD
PETTS WOOD
ORPINGTON
GREATER LONDON
UNITED KINGDOM
BR5 1BJ

Estimated Market Value

£560,842

This estimated value is based upon the latest sale price for the house of £311,000 on 30 Sep 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1

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Local Estate Agents

Sinclair Hammelton

1 Chatsworth Parade, Petts wood, Orpington, BR5 1DF

Phone: 01689326425

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Map

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Transactions for this house
Price PaidDate
£311,00030 Sep 2005
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 September 2005 the House Price Index for GREATER LONDON was 81.3.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.335%.

Applying this 80.335% change to the original purchase price of £311,000 results in an estimated price of approximately £560,842.

30 Sep 2005 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
81.3 146.7 80.335 % £311,000 £249,842 £560,842

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 108.871 % £338,589 £649,589
3 Month Average 98.087 % £305,050 £616,050
6 Month Average 118.230 % £367,694 £678,694
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Jan 2024 Vehicle crime Investigation complete; no suspect identified On or near Woodhurst Avenue
Dec 2023 Vehicle crime Investigation complete; no suspect identified On or near Woodhurst Avenue
Jan 2024 Criminal damage and arson Under investigation On or near Franks Wood Avenue
Jan 2024 Violence and sexual offences Under investigation On or near Franks Wood Avenue
Dec 2023 Vehicle crime Investigation complete; no suspect identified On or near Nightingale Road

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Companies Near Here
QINGDAO KINGWIND INDUSTRIAL CO., LTD
23 LAKESWOOD ROAD ORPINGTON LONDON BR5 1BJ
UNI-RIGHT ELECTRICAL&ENGINEER DEVELOPMENT (HONG KONG) LIMITED
23 LAKESWOOD ROAD ORPINGTON LONDON BR5 1BJ
MJW PERSEVERANCE LTD
20 Lakeswood Road Orpington Kent England BR5 1BJ
TRIO IMPACT SDN. BHD. LTD
23 LAKESWOOD ROAD ORPINGTON LONDON BR5 1BJ
MG BEARING TECHNOLOGIES CO., LTD
23 LAKESWOOD ROAD PETTS WOOD LONDON BR5 1BJ

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People Near Here
MR ROBERT NEWALL Historic Information DIRECTOR
3 LAKESWOOD ROAD, BR5 1BJ
Junling Wang
23 Lakeswood Road, BR5 1BJ

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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