House Prices in BR5 House Prices in BR5 (Orpington)

The average house price in BR5 (Orpington) is £444,931 using HM Land Registry data.

The average property price increased by £102,299 (40.57%) over the last 5 years and increased by £20,498 (5.57%) over the last 12 months.

Over the last year, there were 381 residential property sales – a decrease of 81 transactions (-21.26%) relative to the previous year. The majority of house sales (116) were in the £280,000 - £382,000 range. Then came properties in the £382,000 - £484,000 range, where 90 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,819 (-2%).

In Oct 24, there were 95 new estate agency instructions, 60 agreed home sales and 62 property price reductions.

5-Year Average Property Prices in BR5 (Orpington)

40.57%

Property prices in Orpington increased by 40.57% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BR5 (Orpington) Over the Last Year

5.57%

Property prices in Orpington increased by 5.57% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for BR5 (Orpington) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BR5 (Orpington)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BR5 (Orpington)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BR5 (Orpington)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BR5 (Orpington) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BR5 postcode area since 1995.

Recent Sales in BR5 (Orpington)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
30 Jersey Drive, Petts Wood, Orpington, Greater London, BR5 1ER£650,000£637,500-£12,50006 Jun 202416 Aug 202471 Days
4 St Francis Close, Petts Wood, Orpington, Greater London, BR5 1QF£750,000£750,000£0025 Dec 202307 Aug 2024226 Days
2 Wesley Close, Orpington, Greater London, BR5 3HH£360,000£345,000-£15,00022 Sep 202330 Jul 2024312 Days
101 Lullingstone Crescent, Orpington, Greater London, BR5 3DX£425,000£420,000-£5,00011 Mar 202426 Jul 2024137 Days
14a, Ravensbury Road, Orpington, Greater London, BR5 2NP£500,000£480,000-£20,00019 Feb 202419 Jul 2024151 Days
51 Hayfield Road, Orpington, Greater London, BR5 2DL£485,000£485,000£0020 Feb 202419 Jul 2024150 Days
62 Mickleham Road, Orpington, Greater London, BR5 2RJ£225,000£212,500-£12,50010 Nov 202315 Jul 2024248 Days
14 Beckford Drive, Orpington, Greater London, BR5 1SH£750,000£750,000£0018 Apr 202412 Jul 202485 Days
6 Sheen Road, Orpington, Greater London, BR5 2JB£300,000£286,000-£14,00006 Feb 202408 Jul 2024153 Days
67 St Johns Road, Petts Wood, Orpington, Greater London, BR5 1HT£600,000£590,000-£10,00027 Mar 202405 Jul 2024100 Days
66 Dawson Avenue, Orpington, Greater London, BR5 3AZ£260,000£250,000-£10,00002 Jan 202403 Jul 2024183 Days
7 Heath Close, Orpington, Greater London, BR5 4JG£435,000£430,000-£5,00016 Apr 202428 Jun 202473 Days
51 Marion Crescent, Orpington, Greater London, BR5 2DF£435,000£430,000-£5,00030 Nov 202328 Jun 2024211 Days
8 Cross Road, Orpington, Greater London, BR5 2DJ£375,000£375,000£0008 Feb 202427 Jun 2024140 Days
31 Hollingworth Road, Petts Wood, Orpington, Greater London, BR5 1AQ£700,000£690,000-£10,00012 Jun 202325 Jun 2024379 Days
2 Brow Close, Orpington, Greater London, BR5 4LS£525,000£525,000£0020 Feb 202419 Jun 2024120 Days
1 Blythe Hill, Orpington, Greater London, BR5 2RP£475,000£460,000-£15,00019 Mar 202419 Jun 202492 Days
41 Kynaston Road, Orpington, Greater London, BR5 4JT£350,000£350,000£0025 Mar 202414 Jun 202481 Days
1a, Dawson Avenue, Orpington, Greater London, BR5 3AY£575,000£485,000-£90,00025 Mar 202413 Jun 202480 Days
15 Somerden Road, Orpington, Greater London, BR5 4HS£421,000£419,000-£2,00011 Mar 202406 Jun 202487 Days

Most Expensive Streets in BR5 (Orpington)

PostcodeStreetAreaAverageNo. of Sales
BR5 1NQLittle Thrift, Petts WoodOrpington£1,980,0003
BR5 1PZWood Ride, Petts WoodOrpington£1,356,5023
BR5 1NSChislehurst Road, Petts WoodOrpington£1,347,0005
BR5 1NYBirchwood Road, Petts WoodOrpington£1,329,3993
BR5 1RBSutherland Avenue, Petts WoodOrpington£1,318,3333
BR5 1NTChislehurst Road, Petts WoodOrpington£1,158,7508
BR5 1QXSutherland Avenue, Petts WoodOrpington£1,133,3333
BR5 1QZSutherland Avenue, Petts WoodOrpington£1,098,7504
BR5 1NRChislehurst Road, Petts WoodOrpington£1,085,6663
BR5 1PWKingsway, Petts WoodOrpington£1,063,7503

Least Expensive Streets in BR5 (Orpington)

PostcodeStreetAreaAverageNo. of Sales
BR5 3GDWhippendell CloseOrpington£121,6663
BR5 2FDChipperfield RoadOrpington£147,0003
BR5 3FDMountfield Way, St Mary CrayOrpington£167,8333
BR5 4QUHollingbourne Tower, Westwell CloseOrpington£172,11510
BR5 3FPHarbledown PlaceOrpington£174,8756
BR5 3WBBrantwood WayOrpington£189,40010
BR5 4JLBournewood RoadOrpington£226,6666
BR5 3WABrantwood WayOrpington£238,4374
BR5 4JPHighlands RoadOrpington£238,45510
BR5 3WDButtermere RoadOrpington£245,0717

Explore BR5 (Orpington) using map