Feb 07, 2023 by HM

House prices in Green Street Green (BR6 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Green Street Green (BR6 6).

---

Price per square metre

Knowing the average house price in Green Street Green is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 107, Worlds End Lane, Green Street Green, Orpington, sold for £400,000 on Aug-2023. Given the internal area of 70 square metres, the price per sqm is £5,714.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £6,150-£6,500, £6,500-£6,850, £6,850-£7,200 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 159 sales in Green Street Green (BR6 6) that took place in the last two years.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

That said, the spread of prices will give you a feel of the typical range to expect in Green Street Green (BR6 6). Of the 159 transactions, half were sold for between £5,190 and £6,600 per square metre. Notably, only 25% of properties that sold recently were valued at more than £6,600m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BR6 6' is £5,870. The table below shows how 'BR6 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BR6 9 Orpington	£5,300m2	£5,990m2	£6,750m2
BR6 0 Petts Wood	£4,850m2	£5,600m2	£6,460m2
BR6 7 Farnborough	£5,140m2	£5,840m2	£6,580m2
BR6 6 Green Street Green	£5,190m2	£5,870m2	£6,600m2
BR6 8 Orpington	£5,280m2	£6,140m2	£7,070m2

Will Green Street Green house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the scatter plot below for BR6 6 (Green Street Green). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BR6 6 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Green Street Green and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Green Street Green data or any other data I am given.

Price map for Green Street Green

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Green Street Green. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values. I will explain more about the methodology and create a key next week.

House price heatmap for Green Street Green

Street level data

Street	Avg size	Avg £/m2	Recent sales
Windsor Drive, Green Street Green, BR6 6H	99m2	£5,536	19
Edgewood Drive, Green Street Green, BR6 6L	79m2	£3,874	19
Worlds End Lane, Green Street Green, BR6 6A	184m2	£5,599	17
Warren Road, Green Street Green, BR6 6J	111m2	£5,746	16
Glentrammon Road, Green Street Green, BR6 6D	113m2	£5,430	14
High Street, Green Street Green, BR6 6B	75m2	£4,481	11
Daleside, Green Street Green, BR6 6E	97m2	£5,816	10
Foxbury Drive, Green Street Green, BR6 6E	100m2	£5,375	9

Search for your street here.

Raw data

Our analysis of Green Street Green is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	m2	£/m2
107, Worlds End Lane, Green Street Green, Orpington	£400,000 Aug-2023	70	5,714
21, Spring Gardens, Green Street Green, Orpington	£740,000 Aug-2023	115	6,434
19, Daleside, Green Street Green, Orpington	£627,500 Aug-2023	108	5,810

See the entire list of all sales in Green Street Green (BR6 6) here.