£87,994
This estimated value is based upon the latest sale price for the house of £19,000 on 7 Oct 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Homesdale Rd, Bromley BR2 9LD, London, BR2 9LD
Phone: 02080221318
| Price Paid | Date |
|---|---|
| £19,000 | 7 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 21 sq meters or 226 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 October 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £19,000 results in an estimated price of approximately £87,994.
| 7 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.127 % | £19,000 | £68,994 | £87,994 |
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 | 643.802 % | £122,322 | £141,322 |
| 3 Month Average | 401.269 % | £76,241 | £95,241 |
| 6 Month Average | 393.063 % | £74,681 | £93,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £86,042 | £85,000 | FLAT 13 SHERIDAN LODGE, 12 HOMESDALE ROAD |
| 29 Jun 2023 | £354,292 | £350,000 | FLAT 15 ICONIA HOUSE, 6 HOMESDALE ROAD |
| 22 Aug 2022 | £1,918,835 | £1,924,000 | FLAT 32 AZZURA HOUSE, 8 HOMESDALE ROAD |
| 6 Apr 2022 | £283,195 | £275,000 | FLAT 67 ICONIA HOUSE, 6 HOMESDALE ROAD |
| 12 Nov 2021 | £97,336 | £90,000 | FLAT 56 SHERIDAN LODGE, 12 HOMESDALE ROAD |
This house has a floor area of 21 sq meters or 226 sq feet when measured on 23 Aug 2012. Using an estimated price of £87,994 means this house is valued at £4,190 per sq meter (£389 per sq foot).
The average size of a house on HOMESDALE ROAD is 51 sq meters (556 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Great Elms Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Great Elms Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fielding Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fielding Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Fielding Lane |