£459,114
This estimated value is based upon the latest sale price for the house of £374,000 on 3 Apr 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 West Street, Bromley, BR1 1RE
Phone: 02035422144
| Price Paid | Date |
|---|---|
| £374,000 | 3 Apr 2020 |
| £129,245 | 9 Feb 2001 |
| £80,000 | 8 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £374,000 results in an estimated price of approximately £459,114.
| 3 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £374,000 | £85,114 | £459,114 |
The Postcode Pricing Model uses changes in average sales price within the BR1 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 | -17.342 % | £-64,859 | £309,140 |
| 3 Month Average | 3.075 % | £11,502 | £385,502 |
| 6 Month Average | -3.182 % | £-11,901 | £362,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £464,687 | £465,000 | 8 MOORELAND ROAD |
| 9 Sep 2022 | £451,355 | £455,000 | 3 MOORELAND ROAD |
| 29 Jul 2022 | £462,244 | £461,000 | FLAT 1 1 HAMMELTON ROAD |
| 29 Apr 2022 | £436,245 | £423,621 | 3 WHITE COTTAGES FARWIG LANE |
| 4 Apr 2022 | £187,938 | £182,500 | FLAT 11 28 SCOTTS ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 10 Jun 2019. Using an estimated price of £459,115 means this house is valued at £7,173 per sq meter (£666 per sq foot).
The average size of a house on MOORELAND ROAD is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Farwig Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Farwig Lane |
| Feb 2024 | Shoplifting | Under investigation | On or near Farwig Lane |
| Feb 2024 | Shoplifting | Under investigation | On or near Farwig Lane |
| Feb 2024 | Public order | Under investigation | On or near Farwig Lane |