£669,367
This estimated value is based upon the latest sale price for the house of £400,000 on 12 Jul 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 |
---|---|
£400,000 | 12 Jul 2013 |
£350,000 | 8 Apr 2011 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,126 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 July 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £400,000 results in an estimated price of approximately £669,367.
12 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £400,000 | £269,367 | £669,367 |
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 | 57.618 % | £230,471 | £630,471 |
3 Month Average | 68.887 % | £275,549 | £675,549 |
6 Month Average | 74.073 % | £296,290 | £696,290 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2023 | £627,246 | £613,000 | 16 RAVENSMEAD ROAD |
23 Jun 2023 | £612,270 | £600,000 | 1 RAVENSMEAD ROAD |
20 Jan 2023 | £494,722 | £493,400 | 213 RAVENSBOURNE AVENUE |
1 Jul 2022 | £333,340 | £330,000 | 18 RIVER PARK GARDENS |
21 Apr 2022 | £721,008 | £695,000 | 12 RAVENSMEAD ROAD |
This house has a floor area of 104 sq meters or 1,126 sq feet when measured on 5 Nov 2010. Using an estimated price of £669,368 means this house is valued at £6,395 per sq meter (£594 per sq foot).
The average size of a house on RAVENSMEAD ROAD is 115 sq meters (1,238 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Ravensmead Road |
Apr 2024 | Anti-social behaviour | On or near Ravensmead Road | |
Apr 2024 | Anti-social behaviour | On or near Ravensmead Road | |
Apr 2024 | Anti-social behaviour | On or near Ravensmead Road | |
Apr 2024 | Anti-social behaviour | On or near Ravensmead Road |