£340,917
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Commercial House, 2b Fielding Lane, Bromley, BR2 9FL
Phone: 01689251905
| Price Paid | Date |
|---|---|
| £340,000 | 25 Jul 2022 |
| £196,000 | 19 Mar 2010 |
| £78,000 | 20 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £340,000 results in an estimated price of approximately £340,917.
| 25 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £340,000 | £917 | £340,917 |
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 | 59.811 % | £203,359 | £543,359 |
| 3 Month Average | 12.756 % | £43,369 | £383,369 |
| 6 Month Average | 7.939 % | £26,993 | £366,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £434,680 | £430,000 | FLAT 16 LAUREL BANK HOUSE, 15 - 17 BROMLEY COMMON |
| 25 Jul 2022 | £340,918 | £340,000 | FLAT 3 SOUTH RIDGE, 33 BROMLEY COMMON |
| 20 May 2022 | £446,412 | £438,000 | 31 WELLINGTON ROAD |
| 25 Feb 2022 | £566,295 | £540,000 | 2 WELLINGTON ROAD |
| 23 Feb 2022 | £508,617 | £485,000 | FLAT 6 BARAN HOUSE, 18 BROMLEY COMMON |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 24 Sep 2013. Using an estimated price of £340,918 means this house is valued at £5,165 per sq meter (£479 per sq foot).
The average size of a house on BROMLEY COMMON is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Feb 2024 | Other theft | Under investigation | On or near Wellington Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Heron Court |
| Mar 2024 | Robbery | Under investigation | On or near Heron Court |