£367,154
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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107 High Street, West Wickham, Bromley,, BR4 0LT
Phone: 02081158705
| Price Paid | Date |
|---|---|
| £280,000 | 15 Dec 2016 |
| £192,700 | 3 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £280,000 results in an estimated price of approximately £367,154.
| 15 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £280,000 | £87,154 | £367,154 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | -3.185 % | £-8,919 | £271,080 |
| 3 Month Average | 9.081 % | £25,425 | £305,425 |
| 6 Month Average | 9.878 % | £27,659 | £307,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £265,068 | £261,500 | 36 JASMINE GARDENS |
| 7 Jul 2023 | £425,730 | £420,000 | 49 GORSE ROAD |
| 9 Jan 2023 | £388,171 | £390,000 | 3 GORSE ROAD |
| 10 Nov 2022 | £414,973 | £420,000 | 39 LAUREL CRESCENT |
| 28 Oct 2022 | £254,757 | £257,500 | 18 ERICA GARDENS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Sep 2016. Using an estimated price of £367,155 means this house is valued at £4,532 per sq meter (£421 per sq foot).
The average size of a house on GORSE ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Border Gardens |