£590,380
This estimated value is based upon the latest sale price for the house of £575,000 on 31 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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189 Widmore Road, Bromley, BR1 2RG
Phone: 02034783304
Price Paid | Date |
---|---|
£575,000 | 31 May 2022 |
£315,000 | 29 Jun 2010 |
£360,000 | 30 Aug 2006 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,251 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £575,000 results in an estimated price of approximately £590,380.
31 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £575,000 | £15,380 | £590,380 |
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 | -59.483 % | £-342,026 | £232,973 |
3 Month Average | 10.785 % | £62,016 | £637,016 |
6 Month Average | 2.476 % | £14,234 | £589,234 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £582,848 | £570,000 | 8 SHERIDAN PLACE |
17 Mar 2023 | £289,840 | £285,000 | 47 TYLNEY ROAD |
8 Mar 2023 | £413,912 | £407,000 | 11 LEWES ROAD |
23 Jan 2023 | £391,045 | £390,000 | 39 PEMBROKE ROAD |
31 May 2022 | £590,381 | £575,000 | 2 SHERIDAN PLACE |
This house has a floor area of 116 sq meters or 1,251 sq feet when measured on 15 Aug 2009. Using an estimated price of £590,381 means this house is valued at £5,077 per sq meter (£471 per sq foot).
The average size of a house on SHERIDAN PLACE is 91 sq meters (985 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,251 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Lewes Road | |
Apr 2024 | Anti-social behaviour | On or near Lewes Road | |
Apr 2024 | Anti-social behaviour | On or near Lewes Road | |
Apr 2024 | Anti-social behaviour | On or near Lewes Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Tylney Road |