£515,459
This estimated value is based upon the latest sale price for the house of £234,995 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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19-23 Masons Hill, Bromley, BR2 9HD
Phone: 02081284560
Price Paid | Date |
---|---|
£234,995 | 19 Dec 2003 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 713 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 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £234,995 results in an estimated price of approximately £515,459.
19 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £234,995 | £280,464 | £515,459 |
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 | 95.865 % | £225,276 | £460,271 |
3 Month Average | 125.974 % | £296,032 | £531,027 |
6 Month Average | 127.714 % | £300,120 | £535,115 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Aug 2022 | £683,195 | £680,000 | 18 SPARKES CLOSE |
10 Aug 2022 | £426,997 | £425,000 | 9 AXIOM APARTMENTS, 42 SPARKES CLOSE |
4 Aug 2022 | £661,091 | £658,000 | 21 CROMWELL CLOSE |
1 Apr 2022 | £311,227 | £300,000 | 4 EXCHANGE APARTMENTS, 41 SPARKES CLOSE |
5 Jan 2022 | £278,832 | £263,000 | 17 EXCHANGE APARTMENTS, 41 SPARKES CLOSE |
This house has a floor area of 66 sq meters or 713 sq feet when measured on 6 Mar 2012. Using an estimated price of £515,459 means this house is valued at £7,774 per sq meter (£722 per sq foot).
The average size of a house on CROMWELL CLOSE is 103 sq meters (1,117 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Sparkes Close |
Apr 2024 | Anti-social behaviour | On or near Masons Hill | |
Apr 2024 | Anti-social behaviour | On or near Masons Hill | |
Apr 2024 | Anti-social behaviour | On or near Masons Hill | |
Apr 2024 | Anti-social behaviour | On or near Masons Hill |