£248,342
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Beckenham Lane, Bromley, BR2 0DA
Phone: 02036411731
Price Paid | Date |
---|---|
£245,000 | 27 Jul 2023 |
£139,000 | 28 Nov 2003 |
£50,500 | 25 Sep 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 July 2023 the House Price Index for GREATER LONDON was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £245,000 results in an estimated price of approximately £248,342.
27 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.6 | 1.364 % | £245,000 | £3,342 | £248,342 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 51.251 % | £125,566 | £370,566 |
3 Month Average | 8.425 % | £20,641 | £265,641 |
6 Month Average | -1.590 % | £-3,894 | £241,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £508,904 | £500,000 | 4 BROMLEY GARDENS |
27 Jul 2023 | £248,342 | £245,000 | 38 BROMLEY CRESCENT |
15 Jun 2023 | £625,578 | £618,000 | 65 BROMLEY GARDENS |
2 Jun 2023 | £541,560 | £535,000 | 27 BROMLEY CRESCENT |
28 Apr 2023 | £490,279 | £485,000 | 45 BROMLEY CRESCENT |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 25 Jul 2013. Using an estimated price of £248,342 means this house is valued at £5,398 per sq meter (£501 per sq foot).
The average size of a house on BROMLEY CRESCENT is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Mill Vale |
Jan 2024 | Drugs | Local resolution | On or near Mill Vale |