£639,383
This estimated value is based upon the latest sale price for the house of £553,000 on 17 Dec 2020. 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 |
---|---|
£553,000 | 17 Dec 2020 |
£415,000 | 2 May 2019 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £553,000 results in an estimated price of approximately £639,383.
17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £553,000 | £86,383 | £639,383 |
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 | -7.325 % | £-40,505 | £512,494 |
3 Month Average | 19.108 % | £105,667 | £658,667 |
6 Month Average | 7.398 % | £40,913 | £593,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Feb 2023 | £468,127 | £465,000 | 8 MOORELAND ROAD |
9 Sep 2022 | £279,813 | £280,000 | 74 HOPE PARK |
9 Sep 2022 | £454,696 | £455,000 | 3 MOORELAND ROAD |
19 May 2022 | £236,152 | £230,000 | 88 HOPE PARK |
31 Jan 2022 | £257,628 | £243,000 | 102 HOPE PARK |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 23 Jul 2020. Using an estimated price of £639,384 means this house is valued at £4,995 per sq meter (£464 per sq foot).
The average size of a house on WESTON ROAD is 88 sq meters (956 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,377 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Weston Grove |
Apr 2024 | Vehicle crime | Under investigation | On or near Belcroft Close |