£579,006
This estimated value is based upon the latest sale price for the house of £460,000 on 9 Feb 2018. 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 |
|---|---|
| £460,000 | 9 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £460,000 results in an estimated price of approximately £579,006.
| 9 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £460,000 | £119,006 | £579,006 |
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 | 26.546 % | £122,111 | £582,111 |
| 3 Month Average | 23.163 % | £106,549 | £566,549 |
| 6 Month Average | 21.117 % | £97,137 | £557,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £443,252 | £432,000 | 26 SOUTHEND LANE |
| 20 Apr 2023 | £478,958 | £470,000 | 19 WATERBANK ROAD |
| 5 Oct 2022 | £505,312 | £507,000 | 3 WATERMEAD ROAD |
| 29 Apr 2022 | £205,410 | £198,000 | FLAT 29 FALKLAND HOUSE BROMLEY ROAD |
| 6 Apr 2022 | £650,982 | £627,500 | 17 WATERBANK ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 19 Jun 2017. Using an estimated price of £579,006 means this house is valued at £5,732 per sq meter (£532 per sq foot).
The average size of a house on WATERMEAD ROAD is 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Watermead Road |
| Apr 2024 | Drugs | Under investigation | On or near Watermead Road |