£1,118,932
This estimated value is based upon the latest sale price for the house of £885,000 on 5 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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94 Beckenham Lane, Shortlands, Bromley, BR2 0DW
Phone: 02034631587
| Price Paid | Date |
|---|---|
| £885,000 | 5 Jan 2018 |
| £387,000 | 13 Apr 2006 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,754 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 £885,000 results in an estimated price of approximately £1,118,932.
| 5 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £885,000 | £233,932 | £1,118,932 |
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 % | £-45,866 | £839,133 |
| 3 Month Average | 12.724 % | £112,607 | £997,607 |
| 6 Month Average | 15.969 % | £141,327 | £1,026,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £967,449 | £950,000 | 38 KINGSWOOD AVENUE |
| 23 Feb 2023 | £1,031,893 | £1,025,000 | 10 KINGSWOOD AVENUE |
| 4 Jan 2023 | £877,344 | £875,000 | 67 KINGSWOOD AVENUE |
| 4 Nov 2022 | £846,044 | £850,000 | 7 ROSEMERE PLACE |
| 4 Aug 2022 | £853,993 | £850,000 | 6 ROSEMERE PLACE |
This house has a floor area of 162 sq meters or 1,754 sq feet when measured on 8 Oct 2009. Using an estimated price of £1,118,933 means this house is valued at £6,865 per sq meter (£637 per sq foot).
The average size of a house on KINGSWOOD AVENUE is 146 sq meters (1,577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Hayes Lane |
| Apr 2024 | Burglary | Under investigation | On or near Top Park |