£423,961
This estimated value is based upon the latest sale price for the house of £222,000 on 15 Sep 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Homesdale Rd, Bromley BR2 9LD, London, BR2 9LD
Phone: 02080221318
| Price Paid | Date |
|---|---|
| £222,000 | 15 Sep 2004 |
| £132,000 | 3 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £222,000 results in an estimated price of approximately £423,961.
| 15 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £222,000 | £201,961 | £423,961 |
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 | 253.382 % | £562,508 | £784,508 |
| 3 Month Average | 120.837 % | £268,258 | £490,258 |
| 6 Month Average | 116.383 % | £258,370 | £480,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £86,042 | £85,000 | FLAT 13 SHERIDAN LODGE, 12 HOMESDALE ROAD |
| 1 Jun 2023 | £261,164 | £258,000 | FLAT 7 BARBICAN COURT, 37 RENWICK DRIVE |
| 19 May 2022 | £329,713 | £323,500 | FLAT 1 BARBICAN COURT, 37 RENWICK DRIVE |
| 25 Nov 2021 | £351,492 | £325,000 | 46 HOMESDALE ROAD |
| 20 Oct 2021 | £320,879 | £290,000 | FLAT A 11 GREAT ELMS ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 Jul 2015. Using an estimated price of £423,962 means this house is valued at £4,658 per sq meter (£432 per sq foot).
The average size of a house on HOMESDALE ROAD is 51 sq meters (556 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Old Homesdale Road | |
| Feb 2024 | Public order | Under investigation | On or near Old Homesdale Road |
| Feb 2024 | Public order | Under investigation | On or near Old Homesdale Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Great Elms Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Great Elms Road |