£1,094,253
This estimated value is based upon the latest sale price for the house of £760,000 on 4 Aug 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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19-23 Masons Hill, Bromley, BR2 9HD
Phone: 02081284560
| Price Paid | Date |
|---|---|
| £760,000 | 4 Aug 2015 |
| £540,000 | 19 Mar 2010 |
| £299,000 | 27 Jul 2000 |
| £197,000 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,712 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 August 2015 the House Price Index for GREATER LONDON was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £760,000 results in an estimated price of approximately £1,094,253.
| 4 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £760,000 | £334,253 | £1,094,253 |
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 | 14.243 % | £108,250 | £868,250 |
| 3 Month Average | 24.461 % | £185,903 | £945,903 |
| 6 Month Average | 36.287 % | £275,783 | £1,035,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2022 | £1,076,405 | £1,080,000 | 66 HAYES LANE |
| 31 Aug 2022 | £221,034 | £220,000 | FLAT 169 ELGAR LODGE FAIR ACRES |
| 8 Apr 2022 | £881,809 | £850,000 | 62 HAYES LANE |
| 22 Dec 2021 | £242,844 | £225,000 | FLAT 114 ELGAR LODGE FAIR ACRES |
| 19 Oct 2021 | £334,401 | £300,000 | FLAT 121 ELGAR LODGE FAIR ACRES |
This house has a floor area of 159 sq meters or 1,712 sq feet when measured on 27 Apr 2009. Using an estimated price of £1,094,253 means this house is valued at £6,876 per sq meter (£638 per sq foot).
The average size of a house on HAYES LANE is 144 sq meters (1,560 sq feet).