£482,815
This estimated value is based upon the latest sale price for the house of £450,000 on 24 Jun 2021. 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 |
---|---|
£450,000 | 24 Jun 2021 |
£276,000 | 30 Sep 2016 |
£129,950 | 7 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £450,000 results in an estimated price of approximately £482,815.
24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £450,000 | £32,815 | £482,815 |
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 | -12.975 % | £-58,389 | £391,610 |
3 Month Average | -12.064 % | £-54,290 | £395,709 |
6 Month Average | -8.058 % | £-36,260 | £413,739 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £325,699 | £320,000 | 23 EDMUNDS AVENUE |
13 Jun 2023 | £430,211 | £425,000 | 23 CHALK PIT AVENUE |
25 Apr 2023 | £386,158 | £382,000 | 39 EDMUNDS AVENUE |
23 Feb 2023 | £392,736 | £393,000 | 45 EDMUNDS AVENUE |
6 May 2022 | £426,027 | £418,000 | 38 CHALK PIT AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Mar 2016. Using an estimated price of £482,816 means this house is valued at £6,997 per sq meter (£650 per sq foot).
The average size of a house on ETHELBERT ROAD is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Ethelbert Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Martins Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Martins Close |
Jan 2024 | Vehicle crime | Under investigation | On or near Chalk Pit Avenue |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Andrews Close |