£872,142
This estimated value is based upon the latest sale price for the house of £550,000 on 14 Mar 2014. 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 |
---|---|
£550,000 | 14 Mar 2014 |
Semi-Detached |
Freehold |
Floor Area: 138 sq meters or 1,485 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £550,000 results in an estimated price of approximately £872,142.
14 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £550,000 | £322,142 | £872,142 |
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 | 40.124 % | £220,684 | £770,684 |
3 Month Average | 50.083 % | £275,454 | £825,454 |
6 Month Average | 57.807 % | £317,940 | £867,940 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £837,873 | £825,000 | 48 KINGSWOOD ROAD |
4 Jan 2023 | £877,344 | £875,000 | 67 KINGSWOOD AVENUE |
2 Feb 2022 | £1,172,668 | £1,110,000 | 1 DEN CLOSE |
21 Jan 2022 | £610,992 | £576,300 | 93 HAYES LANE |
15 Dec 2021 | £938,998 | £870,000 | 10 DRUIDS WAY |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 17 Oct 2013. Using an estimated price of £872,143 means this house is valued at £6,319 per sq meter (£587 per sq foot).
The average size of a house on KINGSWOOD ROAD is 130 sq meters (1,401 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Den Close |
Apr 2024 | Other crime | Under investigation | On or near Hayes Lane |