Values have been changing and have risen £1,958 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,529 in last 6 months, £25,198 in last 1 year, £46,265 in last 2 years, £49,843 in last 3 years, £49,607 in last 4 years and £54,635 in last 5 years.
Currently average asking price of a property in Thorndon Close, Orpington, BR5 is around £381,897 based on approximately 2 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,504 per month.
Estimated property value in Thorndon Close, Orpington, BR5 is £286,806. Average asking price is £381,897 while average price paid is £246,750 which is up by £25,198 and Avg. asking rent £1,504.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Thorndon Close, Orpington, BR5 area. In last 1 year alone average price buyer paid is around £246,750 based on approximately 2 sales in Thorndon Close, Orpington, BR5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £222,000. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £213,833 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £207,600 per sale.