£457,791
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Apr 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Wheeler Place
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19-23 Masons Hill, Bromley, BR2 9HD
Phone: 02081284560
| Price Paid | Date |
|---|---|
| £285,000 | 20 Apr 2007 |
| £326,995 | 4 Nov 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 863 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 April 2007 the House Price Index for GREATER LONDON was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £285,000 results in an estimated price of approximately £457,791.
| 20 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £285,000 | £172,791 | £457,791 |
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 | 216.375 % | £616,668 | £901,668 |
| 3 Month Average | 99.728 % | £284,223 | £569,223 |
| 6 Month Average | 93.632 % | £266,851 | £551,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £321,110 | £325,000 | 1 MAXIM APARTMENTS, 2 WHEELER PLACE |
| 12 Aug 2022 | £678,175 | £680,000 | 18 SPARKES CLOSE |
| 19 Oct 2021 | £686,016 | £620,000 | 13 SPARKES CLOSE |
| 25 Jun 2020 | £502,571 | £415,000 | 44 SPARKES CLOSE |
| 23 Aug 2019 | £529,143 | £430,000 | 26 MAXIM APARTMENTS, 2 WHEELER PLACE |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 11 Aug 2010. Using an estimated price of £457,792 means this house is valued at £5,705 per sq meter (£530 per sq foot).
The average size of a house on WHEELER PLACE is 75 sq meters (815 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wheeler Place |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wheeler Place |
| Jan 2024 | Burglary | Under investigation | On or near Wheeler Place |
| Mar 2024 | Drugs | Under investigation | On or near Tiger Lane |
| Mar 2024 | Anti-social behaviour | On or near Tiger Lane |