£318,330
This estimated value is based upon the latest sale price for the house of £96,000 on 23 Aug 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 West Street, Bromley, BR1 1RE
Phone: 02035422144
Price Paid | Date |
---|---|
£96,000 | 23 Aug 2001 |
Terraced |
Leasehold |
Floor Area: 55 sq meters or 592 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 August 2001 the House Price Index for GREATER LONDON was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £96,000 results in an estimated price of approximately £318,330.
23 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 148.6 | 231.594 % | £96,000 | £222,330 | £318,330 |
The Postcode Pricing Model uses changes in average sales price within the BR1 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 | 331.113 % | £317,868 | £413,868 |
3 Month Average | 222.966 % | £214,047 | £310,047 |
6 Month Average | 196.957 % | £189,078 | £285,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £211,195 | £207,500 | 96 HOPE PARK |
28 Mar 2023 | £418,947 | £415,000 | 25 HOPE PARK |
9 Sep 2022 | £277,757 | £280,000 | 74 HOPE PARK |
31 Aug 2022 | £244,342 | £245,000 | 31 HOPE PARK |
31 Aug 2022 | £294,208 | £295,000 | 12 WESTON ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 3 Feb 2011. Using an estimated price of £318,330 means this house is valued at £5,787 per sq meter (£537 per sq foot).
The average size of a house on HOPE PARK is 61 sq meters (661 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belcroft Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Belcroft Close |
Jan 2024 | Anti-social behaviour | On or near Weston Road | |
Jan 2024 | Anti-social behaviour | On or near Weston Road | |
Jan 2024 | Anti-social behaviour | On or near Weston Road |