£423,219
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 Bromley Road, Catford, SE6 2PG
Phone: 02035890846
Price Paid | Date |
---|---|
£285,000 | 27 Mar 2015 |
£225,000 | 29 Feb 2008 |
£96,500 | 11 Jan 2001 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £285,000 results in an estimated price of approximately £423,219.
27 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £285,000 | £138,219 | £423,219 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 48.814 % | £139,118 | £424,118 |
3 Month Average | 36.689 % | £104,562 | £389,562 |
6 Month Average | 32.835 % | £93,579 | £378,579 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £386,888 | £375,000 | 166 BROOKEHOWSE ROAD |
4 Jul 2022 | £247,480 | £245,000 | 86 FARMSTEAD ROAD |
8 Mar 2022 | £391,475 | £375,000 | 178 BROOKEHOWSE ROAD |
29 Nov 2021 | £468,493 | £430,000 | 191 BROOKEHOWSE ROAD |
3 Sep 2021 | £293,104 | £270,000 | 215 BROOKEHOWSE ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Jul 2014. Using an estimated price of £423,219 means this house is valued at £6,223 per sq meter (£578 per sq foot).
The average size of a house on FARMSTEAD ROAD is 81 sq meters (874 sq feet).