House Prices in BR5 House Prices in BR5 (Orpington)

The average house price in BR5 (Orpington) is £460,508 using HM Land Registry data.

The average property price increased by £77,750 (40.57%) over the last 5 years and increased by £15,579 (5.57%) over the last 12 months.

Over the last year, there were 400 residential property sales – a decrease of 63 transactions (-15.75%) relative to the previous year. The majority of house sales (109) were in the £366,000 - £462,000 range. Then came properties in the £270,000 - £366,000 range, where 95 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 139 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,503 (-2%).

In Dec 24, there were 43 new estate agency instructions, 39 agreed home sales and 23 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) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
11 Wade Avenue, Orpington, Greater London, BR5 4EJ£495,000£462,000-£33,00002 Sep 202427 Nov 202486 Days
32 Chelsfield Lane, Orpington, Greater London, BR5 4HQ£485,000£470,000-£15,00026 Jun 202422 Nov 2024149 Days
36 Manor Way, Petts Wood, Orpington, Greater London, BR5 1NW£1,300,000£1,285,000-£15,00014 Jun 202415 Nov 2024154 Days
2 Lynmouth Rise, Orpington, Greater London, BR5 2EJ£550,000£540,000-£10,00014 May 202408 Nov 2024178 Days
27 Cray Valley Road, St Mary Cray, Orpington, Greater London, BR5 2EY£285,000£275,000-£10,00008 Feb 202429 Oct 2024264 Days
14 Chesham Avenue, Petts Wood, Orpington, Greater London, BR5 1AA£475,000£440,000-£35,00008 Jul 202425 Oct 2024109 Days
21 Crescent Drive, Petts Wood, Orpington, Greater London, BR5 1BB£775,000£762,000-£13,00005 Apr 202421 Oct 2024199 Days
82 Poverest Road, Orpington, Greater London, BR5 2DQ£650,000£635,000-£15,00026 Mar 202418 Oct 2024206 Days
27 Transmere Road, Petts Wood, Orpington, Greater London, BR5 1DT£335,000£330,000-£5,00004 Jun 202414 Oct 2024132 Days
42 Whippendell Way, Orpington, Greater London, BR5 3DF£430,000£420,000-£10,00007 May 202411 Oct 2024157 Days
26 Hollingworth Road, Petts Wood, Orpington, Greater London, BR5 1AQ£625,000£615,000-£10,00007 May 202411 Oct 2024157 Days
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

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 1RBSutherland Avenue, Petts WoodOrpington£1,318,3333
BR5 1NTChislehurst Road, Petts WoodOrpington£1,158,7508
BR5 1QZSutherland Avenue, Petts WoodOrpington£1,098,7504
BR5 1NRChislehurst Road, Petts WoodOrpington£1,085,6663
BR5 1PWKingsway, Petts WoodOrpington£1,063,7503
BR5 1QEWillett Way, Petts WoodOrpington£1,044,3754
BR5 1PUKingsway, Petts WoodOrpington£1,034,5374

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£184,1787
BR5 2JTLongbury DriveOrpington£195,6663
BR5 3WBBrantwood WayOrpington£199,3339
BR5 4JLBournewood RoadOrpington£224,0005
BR5 4JPHighlands RoadOrpington£236,77711
BR5 3WABrantwood WayOrpington£238,4374

Explore BR5 (Orpington) using map