£414,771
This estimated value is based upon the latest sale price for the house of £320,000 on 31 Mar 2017. 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 |
|---|---|
| £320,000 | 31 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £320,000 results in an estimated price of approximately £414,771.
| 31 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £320,000 | £94,771 | £414,771 |
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 | 74.399 % | £238,076 | £558,076 |
| 3 Month Average | 30.506 % | £97,620 | £417,620 |
| 6 Month Average | 7.728 % | £24,728 | £344,728 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £304,093 | £300,000 | FLAT 1 47 HOWARD ROAD |
| 29 Jun 2023 | £523,845 | £517,500 | 14 HOWARD ROAD |
| 10 Feb 2023 | £349,765 | £350,000 | FLAT 5 23 SCOTTS ROAD |
| 7 Jul 2022 | £387,042 | £386,000 | FIRST FLOOR FLAT 50 HOWARD ROAD |
| 30 Jun 2022 | £439,207 | £433,000 | 52A HOWARD ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 23 Feb 2017. Using an estimated price of £414,771 means this house is valued at £8,132 per sq meter (£755 per sq foot).
The average size of a house on SCOTTS ROAD is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mooreland Road |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Farwig Lane |
| Jan 2024 | Shoplifting | Under investigation | On or near Farwig Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Farwig Lane |
| Dec 2023 | Burglary | Under investigation | On or near Farwig Lane |