£494,914
This estimated value is based upon the latest sale price for the house of £268,000 on 25 Aug 2005. 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 |
|---|---|
| £268,000 | 25 Aug 2005 |
| Detached |
| Freehold |
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 August 2005 the House Price Index for GREATER LONDON was 81.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.670%.Applying this 84.670% change to the original purchase price of £268,000 results in an estimated price of approximately £494,914.
| 25 Aug 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 149.7 | 84.670 % | £268,000 | £226,914 | £494,914 |
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 | 98.683 % | £264,470 | £532,470 |
| 3 Month Average | 113.351 % | £303,781 | £571,781 |
| 6 Month Average | 113.293 % | £303,625 | £571,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £814,993 | £789,950 | 6 WINCHESTER CLOSE |
| 27 Oct 2023 | £506,504 | £495,000 | 74 HILLSIDE ROAD |
| 13 Oct 2023 | £543,340 | £531,000 | 145 QUEEN ANNE AVENUE |
| 15 Sep 2023 | £531,721 | £520,000 | 129 DURHAM ROAD |
| 29 Jun 2023 | £775,542 | £760,000 | 119 DURHAM ROAD |