£1,810,876
This estimated value is based upon the latest sale price for the house of £530,000 on 13 Jun 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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94 Beckenham Lane, Shortlands, Bromley, BR2 0DW
Phone: 02034631587
Price Paid | Date |
---|---|
£530,000 | 13 Jun 2001 |
Detached |
Freehold |
Floor Area: 164 sq meters or 1,765 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 June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £530,000 results in an estimated price of approximately £1,810,876.
13 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.8 | 149.7 | 241.675 % | £530,000 | £1,280,876 | £1,810,876 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 162.721 % | £862,421 | £1,392,421 |
3 Month Average | 208.091 % | £1,102,884 | £1,632,884 |
6 Month Average | 221.144 % | £1,172,060 | £1,702,060 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £348,000 | £348,000 | FLAT 10 HAZELWOOD HOUSE, 18 CHURCH ROAD |
27 Mar 2024 | £421,476 | £415,000 | FLAT 22 HIGHWOOD, 61 SHORTLANDS ROAD |
26 Oct 2023 | £922,451 | £901,500 | 63 KINGSWOOD ROAD |
31 Aug 2022 | £743,476 | £740,000 | 3 VIRGINIA CLOSE |
25 Jul 2022 | £323,239 | £320,000 | FLAT 21 HIGHWOOD, 61 SHORTLANDS ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 15 Oct 2012. Using an estimated price of £1,810,876 means this house is valued at £11,041 per sq meter (£1,025 per sq foot).
The average size of a house on KINGSWOOD ROAD is 130 sq meters (1,401 sq feet).