£70,677
This estimated value is based upon the latest sale price for the house of £57,575 on 23 Apr 2020. 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 |
---|---|
£57,575 | 23 Apr 2020 |
£469,995 | 27 Nov 2019 |
Freehold |
Floor Area: 78 sq meters or 839 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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £57,575 results in an estimated price of approximately £70,677.
23 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £57,575 | £13,102 | £70,677 |
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 | -13.673 % | £-7,872 | £49,702 |
3 Month Average | 14.662 % | £8,441 | £66,016 |
6 Month Average | 21.140 % | £12,171 | £69,746 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £770,990 | £757,500 | 4 CROFTON AVENUE |
7 Sep 2023 | £648,289 | £640,000 | 147 CROFTON ROAD |
10 Jul 2023 | £623,390 | £615,000 | 2 FOXFIELD ROAD |
1 Jun 2023 | £890,790 | £880,000 | 5 CROFTON AVENUE |
6 Feb 2023 | £759,489 | £760,000 | 187 CROFTON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Oct 2019. Using an estimated price of £70,678 means this house is valued at £906 per sq meter (£84 per sq foot).
The average size of a house on CROFTON LANE is 138 sq meters (1,488 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Gumping Road | |
Dec 2023 | Anti-social behaviour | On or near Gumping Road | |
Dec 2023 | Anti-social behaviour | On or near Gumping Road | |
Dec 2023 | Anti-social behaviour | On or near Gumping Road | |
Jan 2024 | Public order | Under investigation | On or near Pickering Lane |