£107,501
This estimated value is based upon the latest sale price for the house of £21,000 on 7 Jul 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
355 Bromley Rd, Bromley, SE6 2RP
Phone: 02080339330
Price Paid | Date |
---|---|
£21,000 | 7 Jul 1997 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £21,000 results in an estimated price of approximately £107,501.
7 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £21,000 | £86,501 | £107,501 |
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 | 367.389 % | £77,151 | £98,151 |
3 Month Average | 467.895 % | £98,258 | £119,258 |
6 Month Average | 439.374 % | £92,268 | £113,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £283,188 | £276,000 | 462 - 464 BROMLEY ROAD |
13 Oct 2023 | £598,595 | £585,000 | 467A BROMLEY ROAD |
4 Oct 2023 | £209,764 | £205,000 | FLAT 12 BROADWAY HOUSE BROMLEY ROAD |
5 Apr 2023 | £509,530 | £500,000 | 440 BROMLEY ROAD |
7 Jun 2022 | £372,973 | £365,000 | 88 OAKRIDGE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 4 Dec 2015. Using an estimated price of £107,502 means this house is valued at £1,653 per sq meter (£153 per sq foot).
The average size of a house on BROMLEY ROAD is 85 sq meters (922 sq feet).