£415,961
This estimated value is based upon the latest sale price for the house of £118,000 on 23 Mar 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Homesdale Rd, Bromley BR2 9LD, London, BR2 9LD
Phone: 02080221318
Price Paid | Date |
---|---|
£118,000 | 23 Mar 2001 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 March 2001 the House Price Index for GREATER LONDON was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £118,000 results in an estimated price of approximately £415,961.
23 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 149.7 | 252.510 % | £118,000 | £297,961 | £415,961 |
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 | 206.613 % | £243,803 | £361,803 |
3 Month Average | 268.535 % | £316,870 | £434,870 |
6 Month Average | 254.942 % | £300,831 | £418,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £431,632 | £425,000 | 17 MORNINGTON AVENUE |
1 Sep 2023 | £633,975 | £620,000 | 21 MORNINGTON AVENUE |
15 Jun 2022 | £490,485 | £480,000 | 27 MORNINGTON AVENUE |
13 May 2022 | £605,782 | £590,000 | 15 WALWYN AVENUE |
16 Dec 2021 | £431,723 | £400,000 | 226 HOMESDALE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Apr 2018. Using an estimated price of £415,962 means this house is valued at £5,777 per sq meter (£536 per sq foot).
The average size of a house on MORNINGTON AVENUE is 83 sq meters (899 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
Apr 2024 | Other crime | Under investigation | On or near Homesdale Road |