£939,300
This estimated value is based upon the latest sale price for the house of £550,000 on 17 Sep 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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189 Widmore Road, Bromley, BR1 2RG
Phone: 02034783304
| Price Paid | Date |
|---|---|
| £550,000 | 17 Sep 2010 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,802 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 September 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £550,000 results in an estimated price of approximately £939,300.
| 17 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £550,000 | £389,300 | £939,300 |
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 | 54.229 % | £298,258 | £848,258 |
| 3 Month Average | 88.321 % | £485,764 | £1,035,764 |
| 6 Month Average | 73.893 % | £406,413 | £956,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £302,628 | £300,000 | FLAT 12 SILVERSTONE COURT WANSTEAD ROAD |
| 12 Sep 2023 | £347,664 | £340,000 | FLAT 32 CROMARTY COURT, 126 - 128 WIDMORE ROAD |
| 21 Jun 2023 | £270,419 | £265,000 | FLAT 53 THE OASIS, 124 WIDMORE ROAD |
| 7 Mar 2023 | £259,331 | £255,000 | FLAT 1 THE OASIS, 124 WIDMORE ROAD |
| 17 Jan 2022 | £271,411 | £256,000 | FLAT 48 THE OASIS, 124 WIDMORE ROAD |
This house has a floor area of 167 sq meters or 1,802 sq feet when measured on 19 Jan 2010. Using an estimated price of £939,300 means this house is valued at £5,609 per sq meter (£521 per sq foot).
The average size of a house on FERNWOOD CLOSE is 168 sq meters (1,816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Homefield Road | |
| Apr 2024 | Anti-social behaviour | On or near Homefield Road | |
| Apr 2024 | Anti-social behaviour | On or near Homefield Road | |
| Apr 2024 | Anti-social behaviour | On or near Homefield Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Homefield Road |