£1,994,230
This estimated value is based upon the latest sale price for the house of £354,000 on 26 Apr 1996. 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 |
|---|---|
| £354,000 | 26 Apr 1996 |
| Detached |
| Freehold |
| Floor Area: 384 sq meters or 4,133 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 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.342%.Applying this 463.342% change to the original purchase price of £354,000 results in an estimated price of approximately £1,994,230.
| 26 Apr 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.342 % | £354,000 | £1,640,230 | £1,994,230 |
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 | 718.995 % | £2,545,241 | £2,899,241 |
| 3 Month Average | 490.411 % | £1,736,053 | £2,090,053 |
| 6 Month Average | 463.101 % | £1,639,377 | £1,993,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,164,894 | £1,150,000 | 47 SCOTTS LANE |
| 2 Feb 2023 | £427,213 | £427,500 | 12 FOXES DALE |
| 30 Jun 2022 | £395,590 | £390,000 | 1 FOXES DALE |
| 2 Feb 2022 | £1,164,051 | £1,110,000 | 1 DEN CLOSE |
| 7 Jan 2022 | £447,273 | £425,000 | 94 SHORTLANDS ROAD |
This house has a floor area of 384 sq meters or 4,133 sq feet when measured on 27 May 2014. Using an estimated price of £1,994,230 means this house is valued at £5,193 per sq meter (£482 per sq foot).
The average size of a house on SHORTLANDS ROAD is 103 sq meters (1,111 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shortlands Grove |