£679,853
This estimated value is based upon the latest sale price for the house of £460,000 on 6 Feb 2015. 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 |
|---|---|
| £460,000 | 6 Feb 2015 |
| Terraced |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £460,000 results in an estimated price of approximately £679,853.
| 6 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £460,000 | £219,853 | £679,853 |
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 | 91.783 % | £422,200 | £882,200 |
| 3 Month Average | 43.127 % | £198,384 | £658,384 |
| 6 Month Average | 28.660 % | £131,836 | £591,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £734,891 | £725,000 | 87 BISHOPS AVENUE |
| 30 Jun 2023 | £308,740 | £305,000 | 9 BISHOPS GREEN |
| 9 Feb 2023 | £799,462 | £800,000 | 51 BISHOPS AVENUE |
| 17 Nov 2022 | £770,665 | £780,000 | 10 FORDE AVENUE |
| 28 Mar 2022 | £284,972 | £275,000 | 6 BISHOPS GREEN |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 22 Jan 2016. Using an estimated price of £679,853 means this house is valued at £4,249 per sq meter (£394 per sq foot).
The average size of a house on PALACE VIEW is 128 sq meters (1,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Palace View |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bishops Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Godwin Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Godwin Road |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Forde Avenue |