£301,546
This estimated value is based upon the latest sale price for the house of £242,000 on 16 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Princess Parade, Crofton Road, Orpington, BR6 8NP
Phone: 01689867057
| Price Paid | Date |
|---|---|
| £242,000 | 16 Aug 2018 |
| £250,000 | 26 Jul 2017 |
| £142,000 | 14 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £242,000 results in an estimated price of approximately £301,546.
| 16 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £242,000 | £59,546 | £301,546 |
The Postcode Pricing Model uses changes in average sales price within the BR6 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 | -1.044 % | £-2,527 | £239,472 |
| 3 Month Average | 6.184 % | £14,965 | £256,965 |
| 6 Month Average | 8.889 % | £21,510 | £263,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £233,589 | £230,000 | FLAT 12 SUMMERLANDS LODGE FARNBOROUGH COMMON |
| 4 Mar 2024 | £126,950 | £125,000 | FLAT 50 SUMMERLANDS LODGE FARNBOROUGH COMMON |
| 24 Nov 2023 | £225,730 | £220,000 | FLAT 39 SUMMERLANDS LODGE FARNBOROUGH COMMON |
| 21 Sep 2023 | £186,614 | £182,500 | FLAT 56 SUMMERLANDS LODGE FARNBOROUGH COMMON |
| 6 Sep 2023 | £552,172 | £540,000 | 30 BARKWAY DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 21 Feb 2017. Using an estimated price of £301,547 means this house is valued at £6,030 per sq meter (£560 per sq foot).
The average size of a house on FARNBOROUGH COMMON is 75 sq meters (817 sq feet).