£308,561
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Feb 2003. 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 |
---|---|
£125,000 | 20 Feb 2003 |
£92,950 | 31 May 2001 |
£87,500 | 19 Jan 2001 |
£43,500 | 29 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 February 2003 the House Price Index for GREATER LONDON was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £125,000 results in an estimated price of approximately £308,561.
20 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 149.7 | 146.849 % | £125,000 | £183,561 | £308,561 |
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 | 110.062 % | £137,577 | £262,577 |
3 Month Average | 135.255 % | £169,068 | £294,068 |
6 Month Average | 148.139 % | £185,173 | £310,173 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £275,521 | £270,000 | FLAT A DRAYTON COURT, 64 PARK HILL ROAD |
3 Mar 2023 | £427,133 | £420,000 | FLAT 17 MOUNT ARLINGTON, 37 PARK HILL ROAD |
7 Feb 2023 | £475,678 | £472,500 | FLAT 1 62 PARK HILL ROAD |
19 Aug 2022 | £366,715 | £365,000 | FLAT 9 MOUNT ARLINGTON, 37 PARK HILL ROAD |
20 May 2022 | £648,905 | £632,000 | 252A BROMLEY ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 5 Oct 2018. Using an estimated price of £308,562 means this house is valued at £6,565 per sq meter (£609 per sq foot).
The average size of a house on PARK HILL ROAD is 67 sq meters (729 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near The Glen | |
Apr 2024 | Anti-social behaviour | On or near The Glen | |
Apr 2024 | Anti-social behaviour | On or near The Glen | |
Apr 2024 | Anti-social behaviour | On or near The Glen | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Shortlands |