£904,134
This estimated value is based upon the latest sale price for the house of £550,000 on 2 Sep 2013. 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 | 2 Sep 2013 |
| £147,500 | 20 Sep 1996 |
| Detached |
| 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £550,000 results in an estimated price of approximately £904,134.
| 2 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £550,000 | £354,134 | £904,134 |
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 | 186.824 % | £1,027,529 | £1,577,529 |
| 3 Month Average | 74.756 % | £411,156 | £961,156 |
| 6 Month Average | 72.074 % | £396,405 | £946,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £654,693 | £645,000 | 3 GREEN CLOSE |
| 25 Aug 2023 | £680,957 | £675,000 | 7 GREEN CLOSE |
| 26 Aug 2022 | £433,832 | £435,000 | FLAT 1 14 CHURCH ROAD |
| 18 Feb 2022 | £262,174 | £250,000 | FLAT 21 HAZELWOOD HOUSE, 18 CHURCH ROAD |
| 4 Feb 2022 | £304,121 | £290,000 | FLAT 7 HAZELWOOD HOUSE, 18 CHURCH ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 5 Jul 2013. Using an estimated price of £904,135 means this house is valued at £7,727 per sq meter (£717 per sq foot).
The average size of a house on GREEN CLOSE is 158 sq meters (1,704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Green Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Shortlands Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Shortlands Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Iden Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Iden Close |