£392,017
This estimated value is based upon the latest sale price for the house of £315,000 on 18 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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107 High Street, West Wickham, Bromley,, BR4 0LT
Phone: 02081158705
| Price Paid | Date |
|---|---|
| £315,000 | 18 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £315,000 results in an estimated price of approximately £392,017.
| 18 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £315,000 | £77,017 | £392,017 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 7.145 % | £22,508 | £337,508 |
| 3 Month Average | 10.999 % | £34,647 | £349,647 |
| 6 Month Average | 6.047 % | £19,047 | £334,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £397,079 | £387,000 | 53 BRACKEN AVENUE |
| 10 Mar 2023 | £247,127 | £243,000 | 40 BRACKEN AVENUE |
| 9 Jan 2023 | £391,045 | £390,000 | 3 GORSE ROAD |
| 10 Nov 2022 | £418,045 | £420,000 | 39 LAUREL CRESCENT |
| 28 Oct 2022 | £256,643 | £257,500 | 18 ERICA GARDENS |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 27 Feb 2019. Using an estimated price of £392,017 means this house is valued at £4,170 per sq meter (£387 per sq foot).
The average size of a house on GORSE ROAD is 90 sq meters (973 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gorse Road | |
| Apr 2024 | Anti-social behaviour | On or near Gorse Road | |
| Apr 2024 | Anti-social behaviour | On or near Gorse Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gorse Road |
| Apr 2024 | Anti-social behaviour | On or near Gorse Road |