£361,407
This estimated value is based upon the latest sale price for the house of £280,000 on 27 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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38 High Street, Bromley, BR1 1EA
Phone: 02081667203
| Price Paid | Date |
|---|---|
| £280,000 | 27 Jun 2017 |
| £225,000 | 11 Feb 2015 |
| £54,000 | 5 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £280,000 results in an estimated price of approximately £361,407.
| 27 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £280,000 | £81,407 | £361,407 |
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 | -7.609 % | £-21,303 | £258,696 |
| 3 Month Average | 24.620 % | £68,934 | £348,934 |
| 6 Month Average | 21.485 % | £60,158 | £340,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £252,190 | £250,000 | FLAT 4 HARESTONE COURT, 10 RINGERS ROAD |
| 14 Mar 2024 | £304,681 | £300,000 | FLAT 6 CHADWICK COURT, 12 RINGERS ROAD |
| 24 Nov 2023 | £268,824 | £262,000 | FLAT 4 NUTFIELD COURT, 24 RAVENSBOURNE ROAD |
| 20 Nov 2023 | £307,814 | £300,000 | FLAT 9 CHADWICK COURT, 12 RINGERS ROAD |
| 15 Nov 2023 | £248,816 | £242,500 | FLAT 7 RINGERS COURT, 8 RINGERS ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 26 Oct 2016. Using an estimated price of £361,407 means this house is valued at £6,950 per sq meter (£645 per sq foot).
The average size of a house on RAVENSBOURNE ROAD is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Ravensbourne Road | |
| Apr 2024 | Anti-social behaviour | On or near Ravensbourne Road | |
| Apr 2024 | Anti-social behaviour | On or near Ravensbourne Road | |
| Apr 2024 | Anti-social behaviour | On or near Ravensbourne Road |