£293,638
This estimated value is based upon the latest sale price for the house of £204,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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107 High Street, West Wickham, Bromley,, BR4 0LT
Phone: 02081158705
| Price Paid | Date |
|---|---|
| £204,000 | 17 Jul 2015 |
| £34,000 | 25 Aug 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £204,000 results in an estimated price of approximately £293,638.
| 17 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £204,000 | £89,638 | £293,638 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 30.238 % | £61,686 | £265,686 |
| 3 Month Average | 18.124 % | £36,973 | £240,973 |
| 6 Month Average | 24.624 % | £50,232 | £254,232 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £265,068 | £261,500 | 36 JASMINE GARDENS |
| 7 Jul 2023 | £425,730 | £420,000 | 49 GORSE ROAD |
| 10 Mar 2023 | £245,311 | £243,000 | 40 BRACKEN AVENUE |
| 9 Jan 2023 | £388,171 | £390,000 | 3 GORSE ROAD |
| 28 Oct 2022 | £254,757 | £257,500 | 18 ERICA GARDENS |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Sep 2014. Using an estimated price of £293,639 means this house is valued at £3,716 per sq meter (£345 per sq foot).
The average size of a house on ERICA GARDENS is 89 sq meters (960 sq feet).