£728,895
This estimated value is based upon the latest sale price for the house of £510,000 on 2 Sep 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Beckenham Lane, Bromley, BR2 0DA
Phone: 02036411731
Price Paid | Date |
---|---|
£510,000 | 2 Sep 2015 |
£490,000 | 5 Sep 2014 |
£228,000 | 23 Oct 2001 |
£159,000 | 26 Aug 1999 |
Terraced |
Freehold |
Floor Area: 117 sq meters or 1,259 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 September 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £510,000 results in an estimated price of approximately £728,895.
2 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £510,000 | £218,895 | £728,895 |
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 | 7.548 % | £38,493 | £548,493 |
3 Month Average | 29.571 % | £150,813 | £660,813 |
6 Month Average | 35.770 % | £182,424 | £692,424 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £814,993 | £789,950 | 6 WINCHESTER CLOSE |
13 Oct 2023 | £543,340 | £531,000 | 145 QUEEN ANNE AVENUE |
15 Sep 2023 | £531,721 | £520,000 | 129 DURHAM ROAD |
29 Jun 2023 | £775,542 | £760,000 | 119 DURHAM ROAD |
13 Sep 2022 | £579,613 | £580,000 | 22 WINCHESTER ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 31 Jan 2014. Using an estimated price of £728,896 means this house is valued at £6,229 per sq meter (£578 per sq foot).
The average size of a house on DURHAM ROAD is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |