£772,403
This estimated value is based upon the latest sale price for the house of £625,000 on 23 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 Bromley Road, Catford, SE6 2PG
Phone: 02035890846
| Price Paid | Date |
|---|---|
| £625,000 | 23 Dec 2019 |
| £12,220,049 | 23 Dec 2019 |
| £325,000 | 19 Nov 2019 |
| Terraced |
| 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £625,000 results in an estimated price of approximately £772,403.
| 23 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £625,000 | £147,403 | £772,403 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 21.646 % | £135,290 | £760,290 |
| 3 Month Average | 22.445 % | £140,283 | £765,283 |
| 6 Month Average | 8.056 % | £50,348 | £675,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £445,109 | £435,000 | 50 KNAPMILL ROAD |
| 13 Apr 2022 | £435,717 | £420,000 | 54 KNAPMILL ROAD |
| 8 Apr 2022 | £414,969 | £400,000 | 5 GRANGEMILL WAY |
| 29 Oct 2021 | £490,454 | £440,000 | 74 FORDMILL ROAD |
| 28 Oct 2021 | £457,014 | £410,000 | 5 GHENT STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 May 2019. Using an estimated price of £772,403 means this house is valued at £9,777 per sq meter (£908 per sq foot).
The average size of a house on FORDMILL ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fordmill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fordmill Road |
| Apr 2024 | Anti-social behaviour | On or near Pool Court | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pool Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pool Court |