£557,003
This estimated value is based upon the latest sale price for the house of £420,000 on 20 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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355 Bromley Rd, Bromley, SE6 2RP
Phone: 02080339330
Price Paid | Date |
---|---|
£420,000 | 20 Jul 2016 |
£163,500 | 5 Oct 2001 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.620%.Applying this 32.620% change to the original purchase price of £420,000 results in an estimated price of approximately £557,003.
20 Jul 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.0 | 32.620 % | £420,000 | £137,003 | £557,003 |
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 | -8.577 % | £-36,023 | £383,976 |
3 Month Average | 14.506 % | £60,924 | £480,924 |
6 Month Average | 11.574 % | £48,612 | £468,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £528,859 | £526,000 | 87 BROCKMAN RISE |
5 Nov 2021 | £506,259 | £470,000 | 110 COTTON HILL |
30 Jun 2021 | £475,523 | £445,000 | 77 BROCKMAN RISE |
29 Jun 2021 | £571,697 | £535,000 | 5 SOUTHVIEW ROAD |
4 Jun 2021 | £427,437 | £400,000 | 111 COTTON HILL |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Sep 2015. Using an estimated price of £557,004 means this house is valued at £7,957 per sq meter (£739 per sq foot).
The average size of a house on COTTON HILL is 83 sq meters (901 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Brockman Rise |