£187,570
This estimated value is based upon the latest sale price for the house of £120,600 on 13 Mar 2008. 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 |
|---|---|
| £120,600 | 13 Mar 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 March 2008 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.531%.Applying this 55.531% change to the original purchase price of £120,600 results in an estimated price of approximately £187,570.
| 13 Mar 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.531 % | £120,600 | £66,970 | £187,570 |
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 | 71.290 % | £85,975 | £206,575 |
| 3 Month Average | 83.585 % | £100,803 | £221,403 |
| 6 Month Average | 85.604 % | £103,238 | £223,838 |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 25 Sep 2019.
The average size of a house on LEESONS HILL is 73 sq meters (796 sq feet).