£1,052,863
This estimated value is based upon the latest sale price for the house of £660,000 on 7 Feb 2014. 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 |
|---|---|
| £660,000 | 7 Feb 2014 |
| £605,000 | 17 Aug 2007 |
| £140,000 | 24 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 177 sq meters or 1,905 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £660,000 results in an estimated price of approximately £1,052,863.
| 7 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £660,000 | £392,863 | £1,052,863 |
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 | 33.828 % | £223,263 | £883,263 |
| 3 Month Average | 52.653 % | £347,510 | £1,007,510 |
| 6 Month Average | 59.612 % | £393,438 | £1,053,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £309,511 | £300,000 | FLAT 196 LEMARE LODGE FAIR ACRES |
| 2 Feb 2023 | £211,412 | £210,000 | FLAT 157 LEMARE LODGE FAIR ACRES |
| 14 Oct 2022 | £1,076,405 | £1,080,000 | 66 HAYES LANE |
| 1 Sep 2022 | £299,800 | £300,000 | FLAT 154 LEMARE LODGE FAIR ACRES |
| 8 Apr 2022 | £881,809 | £850,000 | 62 HAYES LANE |
This house has a floor area of 177 sq meters or 1,905 sq feet when measured on 15 May 2013. Using an estimated price of £1,052,863 means this house is valued at £5,948 per sq meter (£552 per sq foot).
The average size of a house on HAYES LANE is 144 sq meters (1,560 sq feet).