£420,438
This estimated value is based upon the latest sale price for the house of £335,000 on 19 Jan 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 |
|---|---|
| £335,000 | 19 Jan 2018 |
| £185,000 | 18 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 693 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £335,000 results in an estimated price of approximately £420,438.
| 19 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £335,000 | £85,438 | £420,438 |
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 | 115.114 % | £385,630 | £720,630 |
| 3 Month Average | 24.767 % | £82,968 | £417,968 |
| 6 Month Average | 18.727 % | £62,736 | £397,736 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £456,762 | £450,000 | 55 BROMLEY HILL |
| 13 Sep 2023 | £232,979 | £230,000 | 25 BROMLEY HILL |
| 19 Jul 2023 | £435,866 | £430,000 | 56 BROMLEY HILL |
| 25 Aug 2022 | £263,291 | £264,000 | 100 PRINCESS COURT BROMLEY HILL |
| 24 Aug 2022 | £436,326 | £437,500 | 58 BROMLEY HILL |
This house has a floor area of 64 sq meters or 693 sq feet when measured on 26 Aug 2009. Using an estimated price of £420,439 means this house is valued at £6,528 per sq meter (£606 per sq foot).
The average size of a house on GLENBOW ROAD is 72 sq meters (778 sq feet).