£184,820
This estimated value is based upon the latest sale price for the house of £149,950 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £149,950 | 7 Feb 2020 |
| £117,000 | 25 Nov 2005 |
| £47,500 | 30 Oct 1998 |
| £47,300 | 23 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in February 2020 the House Price Index for WEST MIDLANDS was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £149,950 results in an estimated price of approximately £184,820.
| 7 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £149,950 | £34,870 | £184,820 |
The Postcode Pricing Model uses changes in average sales price within the DY5 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 | 10.414 % | £15,616 | £165,566 |
| 3 Month Average | 22.151 % | £33,214 | £183,164 |
| 6 Month Average | 22.210 % | £33,303 | £183,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £500,000 | £500,000 | COMMERCIAL INN BROMLEY |
| 13 Oct 2023 | £296,740 | £290,000 | ELEPHANT & CASTLE BROMLEY |
| 25 Jan 2023 | £205,549 | £205,000 | 109 TILED HOUSE LANE |
| 21 Nov 2022 | £199,019 | £199,950 | 2D MULLETT STREET |
| 23 May 2022 | £143,745 | £140,000 | 18 ROOKERY PARK |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 29 Jan 2019. Using an estimated price of £184,820 means this house is valued at £2,678 per sq meter (£248 per sq foot).
There is one other house on the street which we know the size of, this is 3 HARRIET CLOSE it is 68.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Road |
| Sep 2024 | Public order | Under investigation | On or near Wesley Road |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Wesley Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Road |