£489,395
This estimated value is based upon the latest sale price for the house of £400,000 on 24 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 West Street, Bromley, BR1 1RE
Phone: 02035422144
| Price Paid | Date |
|---|---|
| £400,000 | 24 Feb 2020 |
| Semi-Detached |
| Freehold |
| 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £400,000 results in an estimated price of approximately £489,395.
| 24 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £400,000 | £89,395 | £489,395 |
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 | -19.348 % | £-77,390 | £322,609 |
| 3 Month Average | 3.117 % | £12,466 | £412,466 |
| 6 Month Average | 0.423 % | £1,690 | £401,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £524,171 | £515,000 | 28 WEST STREET |
| 30 Nov 2023 | £456,762 | £450,000 | 47 WEST STREET |
| 9 Jun 2023 | £738,951 | £730,000 | 1 FLORENCE ROAD |
| 29 Mar 2023 | £8,581 | £8,500 | 2 WEST STREET |
| 16 Sep 2022 | £29,264 | £29,500 | 2 COLLEGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 May 2019. Using an estimated price of £489,396 means this house is valued at £6,194 per sq meter (£575 per sq foot).
The average size of a house on COLLEGE ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Florence Road | |
| Apr 2024 | Anti-social behaviour | On or near Florence Road | |
| Apr 2024 | Public order | Under investigation | On or near Florence Road |
| Apr 2024 | Anti-social behaviour | On or near Florence Road | |
| Apr 2024 | Anti-social behaviour | On or near Florence Road |