£703,453
This estimated value is based upon the latest sale price for the house of £545,000 on 7 Jun 2017. 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 |
---|---|
£545,000 | 7 Jun 2017 |
£285,000 | 3 Jun 2004 |
Semi-Detached |
Freehold |
Floor Area: 106 sq meters or 1,140 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £545,000 results in an estimated price of approximately £703,453.
7 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £545,000 | £158,453 | £703,453 |
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 | 4.104 % | £22,367 | £567,367 |
3 Month Average | 17.101 % | £93,200 | £638,200 |
6 Month Average | 19.445 % | £105,976 | £650,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £675,765 | £655,000 | 33 GEORGE LANE |
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 |
21 Mar 2022 | £738,061 | £707,000 | 105 HAYES WOOD AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 6 Oct 2016. Using an estimated price of £703,453 means this house is valued at £6,636 per sq meter (£616 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 |