£298,869
This estimated value is based upon the latest sale price for the house of £240,000 on 24 May 2019. 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 |
|---|---|
| £240,000 | 24 May 2019 |
| £170,000 | 21 Mar 2011 |
| £167,500 | 27 Apr 2007 |
| £42,000 | 28 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 595 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £240,000 results in an estimated price of approximately £298,869.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £240,000 | £58,869 | £298,869 |
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 | 5.840 % | £14,014 | £254,014 |
| 3 Month Average | 49.248 % | £118,194 | £358,194 |
| 6 Month Average | 23.209 % | £55,701 | £295,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Feb 2023 | £468,127 | £465,000 | 8 MOORELAND ROAD |
| 9 Sep 2022 | £279,813 | £280,000 | 74 HOPE PARK |
| 9 Sep 2022 | £454,696 | £455,000 | 3 MOORELAND ROAD |
| 19 May 2022 | £236,152 | £230,000 | 88 HOPE PARK |
| 31 Jan 2022 | £257,628 | £243,000 | 102 HOPE PARK |
This house has a floor area of 55 sq meters or 595 sq feet when measured on 19 Oct 2010. Using an estimated price of £298,869 means this house is valued at £5,400 per sq meter (£501 per sq foot).
The average size of a house on WESTON GROVE is 69 sq meters (743 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (595 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Weston Grove |