£615,130
This estimated value is based upon the latest sale price for the house of £174,500 on 16 Mar 2001. 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 |
---|---|
£174,500 | 16 Mar 2001 |
£81,000 | 26 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 2001 the House Price Index for GREATER LONDON was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £174,500 results in an estimated price of approximately £615,130.
16 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 149.7 | 252.510 % | £174,500 | £440,630 | £615,130 |
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 | 195.978 % | £341,981 | £516,481 |
3 Month Average | 234.787 % | £409,702 | £584,202 |
6 Month Average | 231.965 % | £404,778 | £579,278 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £515,851 | £500,000 | 4 BROMLEY GARDENS |
31 Oct 2023 | £613,944 | £600,000 | 52 BROMLEY GARDENS |
15 Jun 2023 | £630,638 | £618,000 | 65 BROMLEY GARDENS |
2 Jun 2023 | £545,941 | £535,000 | 27 BROMLEY CRESCENT |
28 Apr 2023 | £494,244 | £485,000 | 45 BROMLEY CRESCENT |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 16 May 2016. Using an estimated price of £615,130 means this house is valued at £7,411 per sq meter (£688 per sq foot).
The average size of a house on BROMLEY GARDENS is 92 sq meters (995 sq feet).