£354,884
This estimated value is based upon the latest sale price for the house of £167,500 on 6 Feb 2004. 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 |
---|---|
£167,500 | 6 Feb 2004 |
£90,000 | 15 Mar 2000 |
£54,000 | 4 Jul 1997 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £167,500 results in an estimated price of approximately £354,884.
6 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 148.6 | 111.871 % | £167,500 | £187,384 | £354,884 |
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 | 140.218 % | £234,865 | £402,365 |
3 Month Average | 117.082 % | £196,112 | £363,612 |
6 Month Average | 137.197 % | £229,805 | £397,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £381,678 | £375,000 | 27 ROBIN WAY |
22 Aug 2023 | £302,648 | £300,000 | 26 CURTISMILL WAY |
22 Aug 2023 | £383,354 | £380,000 | 9 SAXVILLE ROAD |
24 Feb 2023 | £514,654 | £515,000 | 14 CURTISMILL CLOSE |
10 Nov 2022 | £444,614 | £450,000 | 17 SAXVILLE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Apr 2019. Using an estimated price of £354,884 means this house is valued at £3,857 per sq meter (£358 per sq foot).
The average size of a house on ROBIN WAY is 108 sq meters (1,165 sq feet).