£282,024
This estimated value is based upon the latest sale price for the house of £55,500 on 24 Jul 1997. 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 |
---|---|
£55,500 | 24 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 July 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £55,500 results in an estimated price of approximately £282,024.
24 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 148.6 | 408.152 % | £55,500 | £226,524 | £282,024 |
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 | 796.686 % | £442,160 | £497,660 |
3 Month Average | 452.483 % | £251,127 | £306,627 |
6 Month Average | 431.737 % | £239,614 | £295,114 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £933,825 | £920,000 | 21 PICKHURST PARK |
19 Sep 2023 | £354,533 | £350,000 | 2 WOODLEA DRIVE |
19 Apr 2022 | £384,115 | £373,000 | 133 WESTMORELAND ROAD |
10 Feb 2022 | £246,443 | £235,000 | FLAT 6 BRANSCOMBE COURT, 109 WESTMORELAND ROAD |
5 Nov 2021 | £1,016,623 | £940,000 | 41 PICKHURST PARK |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 22 May 2013. Using an estimated price of £282,024 means this house is valued at £4,476 per sq meter (£415 per sq foot).
The average size of a house on WESTMORELAND ROAD is 74 sq meters (798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Petrol Station |
Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
Jan 2024 | Public order | Under investigation | On or near Petrol Station |
Apr 2024 | Anti-social behaviour | On or near Pickhurst Park |