£835,469
This estimated value is based upon the latest sale price for the house of £772,500 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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38 High Street, Bromley, BR1 1EA
Phone: 02081667203
Price Paid | Date |
---|---|
£772,500 | 19 Nov 2021 |
£140,000 | 25 Mar 1998 |
Detached |
Freehold |
Floor Area: 213 sq meters or 2,292 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £772,500 results in an estimated price of approximately £835,469.
19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.6 | 8.151 % | £772,500 | £62,969 | £835,469 |
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 | 93.577 % | £722,882 | £1,495,382 |
3 Month Average | 16.202 % | £125,158 | £897,658 |
6 Month Average | 4.222 % | £32,617 | £805,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £722,489 | £713,251 | 2 KNOWLTON GREEN |
18 Sep 2023 | £579,408 | £572,000 | 55 HAYESFORD PARK DRIVE |
12 Apr 2023 | £517,573 | £512,000 | 5 BIDBOROUGH CLOSE |
18 Aug 2022 | £1,126,966 | £1,130,000 | 23 BROADOAKS WAY |
22 Jul 2022 | £1,754,723 | £1,750,000 | 32 STONE ROAD |
This house has a floor area of 213 sq meters or 2,292 sq feet when measured on 4 Oct 2013. Using an estimated price of £835,469 means this house is valued at £3,922 per sq meter (£364 per sq foot).
The average size of a house on MEREWORTH CLOSE is 228 sq meters (2,461 sq feet).
This house is the largest in the street with a floor area of 213 sq meters (2,292 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Knowlton Green |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Bidborough Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Tall Elms Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tall Elms Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Cheriton Avenue |