£501,973
This estimated value is based upon the latest sale price for the house of £320,000 on 28 Apr 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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355 Bromley Rd, Bromley, SE6 2RP
Phone: 02080339330
| Price Paid | Date |
|---|---|
| £320,000 | 28 Apr 2014 |
| £249,000 | 19 Aug 2009 |
| £260,000 | 7 Jun 2007 |
| £205,000 | 3 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 787 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 April 2014 the House Price Index for GREATER LONDON was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £320,000 results in an estimated price of approximately £501,973.
| 28 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £320,000 | £181,973 | £501,973 |
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 | 48.142 % | £154,053 | £474,053 |
| 3 Month Average | 76.146 % | £243,666 | £563,666 |
| 6 Month Average | 62.709 % | £200,668 | £520,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £475,482 | £465,000 | 139 WHITEFOOT LANE |
| 1 Mar 2023 | £534,933 | £526,000 | 87 BROCKMAN RISE |
| 5 Nov 2021 | £512,074 | £470,000 | 110 COTTON HILL |
| 30 Jun 2021 | £480,986 | £445,000 | 77 BROCKMAN RISE |
| 29 Jun 2021 | £578,264 | £535,000 | 5 SOUTHVIEW ROAD |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 10 Jun 2009. Using an estimated price of £501,973 means this house is valued at £6,861 per sq meter (£637 per sq foot).
The average size of a house on COTTON HILL is 83 sq meters (901 sq feet).