£561,627
This estimated value is based upon the latest sale price for the house of £325,000 on 12 Jan 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near New Farm Avenue
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38 High Street, Bromley, BR1 1EA
Phone: 02081667203
| Price Paid | Date |
|---|---|
| £325,000 | 12 Jan 2011 |
| Terraced |
| Freehold |
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 2011 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £325,000 results in an estimated price of approximately £561,627.
| 12 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £325,000 | £236,627 | £561,627 |
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 | 67.329 % | £218,820 | £543,820 |
| 3 Month Average | 78.142 % | £253,961 | £578,961 |
| 6 Month Average | 81.082 % | £263,517 | £588,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £433,315 | £420,000 | 36C WESTMORELAND ROAD |
| 5 Jan 2023 | £471,259 | £470,000 | FLAT 4 40 WESTMORELAND ROAD |
| 15 Aug 2022 | £607,842 | £605,000 | 7 TAVISTOCK ROAD |
| 18 Feb 2022 | £265,171 | £251,000 | FLAT 26 ECCLESHILL, 5 DURHAM ROAD |
| 17 Dec 2021 | £284,937 | £264,000 | FLAT 9 THE LAURELS, 4 DURHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near New Farm Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen Anne Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Queen Anne Avenue |