£1,043,426
This estimated value is based upon the latest sale price for the house of £830,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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94 Beckenham Lane, Shortlands, Bromley, BR2 0DW
Phone: 02034631587
Price Paid | Date |
---|---|
£830,000 | 15 Dec 2017 |
Detached |
Freehold |
Floor Area: 266 sq meters or 2,863 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £830,000 results in an estimated price of approximately £1,043,426.
15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £830,000 | £213,426 | £1,043,426 |
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 | 78.527 % | £651,772 | £1,481,772 |
3 Month Average | 29.735 % | £246,804 | £1,076,804 |
6 Month Average | 15.996 % | £132,770 | £962,770 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Mar 2023 | £312,948 | £310,000 | FLAT 20 HIGHWOOD, 61 SHORTLANDS ROAD |
31 Aug 2022 | £738,013 | £740,000 | 3 VIRGINIA CLOSE |
10 Aug 2022 | £433,832 | £435,000 | FLAT 6 HIGHWOOD, 61 SHORTLANDS ROAD |
2 Feb 2022 | £1,164,051 | £1,110,000 | 1 DEN CLOSE |
28 Jan 2022 | £286,255 | £272,000 | FLAT 15 HIGHWOOD, 61 SHORTLANDS ROAD |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 24 Feb 2020. Using an estimated price of £1,043,427 means this house is valued at £3,922 per sq meter (£364 per sq foot).
The average size of a house on DEN ROAD is 189 sq meters (2,034 sq feet).
This house is the largest in the street with a floor area of 266 sq meters (2,863 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Virginia Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Druids Way |