£450,628
This estimated value is based upon the latest sale price for the house of £420,000 on 28 Jun 2021. 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 |
---|---|
£420,000 | 28 Jun 2021 |
£285,000 | 22 Nov 2007 |
£185,000 | 14 Jan 2005 |
£155,000 | 18 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £420,000 results in an estimated price of approximately £450,628.
28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £420,000 | £30,628 | £450,628 |
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 | 67.587 % | £283,865 | £703,865 |
3 Month Average | 5.390 % | £22,636 | £442,636 |
6 Month Average | 0.995 % | £4,180 | £424,180 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £312,948 | £310,000 | FLAT 20 HIGHWOOD, 61 SHORTLANDS ROAD |
30 Jan 2023 | £432,961 | £435,000 | FLAT 25 HIGHWOOD, 61 SHORTLANDS ROAD |
31 Aug 2022 | £738,013 | £740,000 | 3 VIRGINIA CLOSE |
26 Aug 2022 | £498,658 | £500,000 | FLAT 1 47 SHORTLANDS ROAD |
17 Aug 2022 | £369,007 | £370,000 | FLAT 40 WESTPOINT, 9 SHORTLANDS GROVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Dec 2013. Using an estimated price of £450,628 means this house is valued at £4,845 per sq meter (£450 per sq foot).
The average size of a house on SHORTLANDS ROAD is 103 sq meters (1,111 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Shortlands Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Shortlands Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Virginia Close |
Feb 2024 | Vehicle crime | Under investigation | On or near Virginia Close |
Feb 2024 | Vehicle crime | Under investigation | On or near Virginia Close |