£505,993
This estimated value is based upon the latest sale price for the house of £155,000 on 3 Sep 2001. 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 |
---|---|
£155,000 | 3 Sep 2001 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 September 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 226.447%.Applying this 226.447% change to the original purchase price of £155,000 results in an estimated price of approximately £505,993.
3 Sep 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 148.0 | 226.447 % | £155,000 | £350,993 | £505,993 |
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 | 189.514 % | £293,746 | £448,746 |
3 Month Average | 182.592 % | £283,017 | £438,017 |
6 Month Average | 199.576 % | £309,343 | £464,343 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £564,578 | £560,000 | 18 SAXON ROAD |
19 Apr 2023 | £224,670 | £223,000 | 85 HOWARD ROAD |
28 Mar 2023 | £417,255 | £415,000 | 25 HOPE PARK |
5 Jan 2023 | £525,385 | £530,000 | 45 HEATHFIELD ROAD |
31 Aug 2022 | £243,356 | £245,000 | 31 HOPE PARK |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 2 Sep 2017. Using an estimated price of £505,993 means this house is valued at £5,163 per sq meter (£479 per sq foot).
The average size of a house on SAXON ROAD is 99 sq meters (1,069 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Heathfield Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heathfield Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Heathfield Road |
Apr 2024 | Anti-social behaviour | On or near Warner Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Warner Road |