£579,591
This estimated value is based upon the latest sale price for the house of £462,500 on 2 Mar 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Ravensbourne Avenue
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94 Beckenham Lane, Shortlands, Bromley, BR2 0DW
Phone: 02034631587
| Price Paid | Date |
|---|---|
| £462,500 | 2 Mar 2018 |
| £268,000 | 10 Sep 2002 |
| £115,000 | 11 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £462,500 results in an estimated price of approximately £579,591.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £462,500 | £117,091 | £579,591 |
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 | 59.544 % | £275,389 | £737,889 |
| 3 Month Average | 12.141 % | £56,153 | £518,653 |
| 6 Month Average | 16.608 % | £76,809 | £539,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £607,357 | £600,000 | 1 RAVENSMEAD ROAD |
| 27 Jan 2023 | £761,413 | £765,000 | 167A FARNABY ROAD |
| 16 Mar 2022 | £362,692 | £350,000 | 148 FARNABY ROAD |
| 26 Nov 2021 | £681,354 | £630,000 | 5 RAVENSMEAD ROAD |
| 16 Sep 2021 | £754,315 | £700,000 | 195 FARNABY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 6 Dec 2016. Using an estimated price of £579,591 means this house is valued at £7,939 per sq meter (£737 per sq foot).
The average size of a house on RAVENSBOURNE AVENUE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Ravensbourne Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Ravensbourne Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Ravensbourne Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Farnaby Road |
| Mar 2024 | Burglary | Under investigation | On or near Farnaby Road |