£1,088,588
This estimated value is based upon the latest sale price for the house of £800,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near New Farm Avenue
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38 High Street, Bromley, BR1 1EA
Phone: 02081667203
| Price Paid | Date |
|---|---|
| £800,000 | 31 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £800,000 results in an estimated price of approximately £1,088,588.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £800,000 | £288,588 | £1,088,588 |
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 | 18.447 % | £147,572 | £947,572 |
| 3 Month Average | 30.775 % | £246,199 | £1,046,199 |
| 6 Month Average | 26.561 % | £212,484 | £1,012,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £256,511 | £250,000 | 6B WESTMORELAND ROAD |
| 31 Oct 2023 | £424,645 | £415,000 | FLAT 30 FLORIDA COURT, 76 WESTMORELAND ROAD |
| 8 Jun 2022 | £286,116 | £280,000 | 34D WESTMORELAND ROAD |
| 23 May 2022 | £343,961 | £335,000 | FIRST FLOOR FLAT AT 26 WESTMORELAND ROAD |
| 4 May 2022 | £343,961 | £335,000 | 6C WESTMORELAND ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 2 Nov 2015. Using an estimated price of £1,088,589 means this house is valued at £8,778 per sq meter (£815 per sq foot).
The average size of a house on HAYES ROAD is 165 sq meters (1,783 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near New Farm Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Cameron Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aylesbury Road |
| Apr 2024 | Other theft | Under investigation | On or near Simpson'S Road |