£1,438,016
This estimated value is based upon the latest sale price for the house of £625,000 on 8 Aug 2003. 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 |
|---|---|
| £625,000 | 8 Aug 2003 |
| £200,000 | 5 Feb 1998 |
| Detached |
| Freehold |
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 August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £625,000 results in an estimated price of approximately £1,438,016.
| 8 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £625,000 | £813,016 | £1,438,016 |
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 | 114.112 % | £713,198 | £1,338,198 |
| 3 Month Average | 172.781 % | £1,079,878 | £1,704,878 |
| 6 Month Average | 143.021 % | £893,878 | £1,518,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2022 | £738,013 | £740,000 | 3 VIRGINIA CLOSE |
| 2 Feb 2022 | £1,164,051 | £1,110,000 | 1 DEN CLOSE |
| 21 Jan 2022 | £606,503 | £576,300 | 93 HAYES LANE |
| 7 Jan 2022 | £447,273 | £425,000 | 94 SHORTLANDS ROAD |
| 15 Dec 2021 | £932,098 | £870,000 | 10 DRUIDS WAY |
| 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 |