£1,006,967
This estimated value is based upon the latest sale price for the house of £800,000 on 26 Feb 2018. 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 |
|---|---|
| £800,000 | 26 Feb 2018 |
| 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £800,000 results in an estimated price of approximately £1,006,967.
| 26 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £800,000 | £206,967 | £1,006,967 |
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 | 3.592 % | £28,738 | £828,738 |
| 3 Month Average | 11.842 % | £94,739 | £894,739 |
| 6 Month Average | 16.809 % | £134,473 | £934,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £307,672 | £305,000 | 113 HAYES LANE |
| 25 Aug 2023 | £967,449 | £950,000 | 38 KINGSWOOD AVENUE |
| 23 Feb 2023 | £1,031,893 | £1,025,000 | 10 KINGSWOOD AVENUE |
| 4 Nov 2022 | £846,044 | £850,000 | 7 ROSEMERE PLACE |
| 12 Aug 2022 | £1,014,745 | £1,010,000 | 96 HAYES LANE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 17 Nov 2017. Using an estimated price of £1,006,968 means this house is valued at £7,296 per sq meter (£677 per sq foot).
The average size of a house on KINGSWOOD AVENUE is 146 sq meters (1,577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Hayes Lane |
| Apr 2024 | Burglary | Under investigation | On or near Top Park |