£284,971
This estimated value is based upon the latest sale price for the house of £155,000 on 12 Jul 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 Beckenham Lane, Bromley, BR2 0DQ
Phone: 02036413927
Price Paid | Date |
---|---|
£155,000 | 12 Jul 2005 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2005 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £155,000 results in an estimated price of approximately £284,971.
12 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 83.853 % | £155,000 | £129,971 | £284,971 |
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 | 224.232 % | £347,559 | £502,559 |
3 Month Average | 127.609 % | £197,794 | £352,794 |
6 Month Average | 101.845 % | £157,859 | £312,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
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 |
21 Apr 2022 | £2,409,730 | £2,340,000 | 44 BROMLEY HILL |
28 Mar 2022 | £373,054 | £360,000 | 110 GLENBOW ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 25 Oct 2016. Using an estimated price of £284,972 means this house is valued at £4,671 per sq meter (£434 per sq foot).
The average size of a house on GLENBOW ROAD is 72 sq meters (778 sq feet).