£714,877
This estimated value is based upon the latest sale price for the house of £580,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Beckenham Lane, Bromley, BR2 0DA
Phone: 02036411731
| Price Paid | Date |
|---|---|
| £580,000 | 14 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £580,000 results in an estimated price of approximately £714,877.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £580,000 | £134,877 | £714,877 |
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 | 10.655 % | £61,798 | £641,798 |
| 3 Month Average | 27.793 % | £161,196 | £741,196 |
| 6 Month Average | 21.593 % | £125,240 | £705,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £845,000 | £845,000 | 14 DURHAM AVENUE |
| 1 Dec 2023 | £1,577,745 | £1,529,264 | 5 DURHAM AVENUE |
| 8 Sep 2023 | £247,455 | £242,000 | FLAT 31 BAYDON COURT, 2 - 8 DURHAM AVENUE |
| 31 Mar 2023 | £228,821 | £225,000 | FLAT 39 BAYDON COURT, 2 - 8 DURHAM AVENUE |
| 7 Oct 2022 | £243,188 | £244,000 | FLAT 10 BAYDON COURT, 2 - 8 DURHAM AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 19 Jun 2012. Using an estimated price of £714,877 means this house is valued at £6,110 per sq meter (£567 per sq foot).
The average size of a house on DURHAM AVENUE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen Anne Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen Anne Avenue |
| Apr 2024 | Anti-social behaviour | On or near Westmoreland Road | |
| Apr 2024 | Anti-social behaviour | On or near Westmoreland Road |