£1,223,128
This estimated value is based upon the latest sale price for the house of £1,035,000 on 2 Oct 2020. 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 |
---|---|
£1,035,000 | 2 Oct 2020 |
£640,000 | 31 Jul 2006 |
£230,000 | 2 Sep 2005 |
Detached |
Freehold |
Floor Area: 229 sq meters or 2,464 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £1,035,000 results in an estimated price of approximately £1,223,128.
2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £1,035,000 | £188,128 | £1,223,128 |
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 | -5.981 % | £-61,899 | £973,100 |
3 Month Average | 8.247 % | £85,359 | £1,120,359 |
6 Month Average | 9.762 % | £101,034 | £1,136,034 |
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 229 sq meters or 2,464 sq feet when measured on 19 Aug 2020. Using an estimated price of £1,223,129 means this house is valued at £5,341 per sq meter (£496 per sq foot).
The average size of a house on HAYES LANE is 144 sq meters (1,560 sq feet).