£537,340
This estimated value is based upon the latest sale price for the house of £425,000 on 16 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Baston road, Bromley, BR2 7BE
Phone: 02036413853
Price Paid | Date |
---|---|
£425,000 | 16 Jan 2018 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £425,000 results in an estimated price of approximately £537,340.
16 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 149.7 | 26.433 % | £425,000 | £112,340 | £537,340 |
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 | -5.183 % | £-22,026 | £402,973 |
3 Month Average | 12.724 % | £54,077 | £479,077 |
6 Month Average | 15.969 % | £67,869 | £492,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £675,765 | £655,000 | 33 GEORGE LANE |
16 Jun 2023 | £574,003 | £562,500 | 12 GLEBE HOUSE DRIVE |
31 Aug 2022 | £572,678 | £570,000 | 97 HAYES WOOD AVENUE |
29 Jun 2022 | £793,972 | £777,000 | 54 GEORGE LANE |
31 May 2022 | £297,757 | £290,000 | 71 GEORGE LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Aug 2017. Using an estimated price of £537,341 means this house is valued at £7,261 per sq meter (£674 per sq foot).
The average size of a house on GEORGE LANE is 101 sq meters (1,096 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Georgian Close |
Apr 2024 | Anti-social behaviour | On or near Hayes Wood Avenue | |
Apr 2024 | Anti-social behaviour | On or near Hayes Wood Avenue | |
Apr 2024 | Anti-social behaviour | On or near Hayes Wood Avenue | |
Apr 2024 | Anti-social behaviour | On or near Hayes Wood Avenue |