£722,714
This estimated value is based upon the latest sale price for the house of £580,000 on 23 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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42 Homesdale Rd, Bromley BR2 9LD, London, BR2 9LD
Phone: 02080221318
| Price Paid | Date |
|---|---|
| £580,000 | 23 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £580,000 results in an estimated price of approximately £722,714.
| 23 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £580,000 | £142,714 | £722,714 |
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 | 38.886 % | £225,536 | £805,536 |
| 3 Month Average | 28.629 % | £166,050 | £746,050 |
| 6 Month Average | 19.198 % | £111,348 | £691,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £959,352 | £935,000 | 71 FORDE AVENUE |
| 26 Oct 2023 | £777,662 | £760,000 | 46 MURRAY AVENUE |
| 25 Sep 2023 | £595,630 | £582,500 | 7 FORDE AVENUE |
| 23 Jun 2023 | £862,280 | £845,000 | 164 PALACE VIEW |
| 30 Mar 2023 | £630,530 | £620,000 | 37 FORDE AVENUE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 3 Jul 2017. Using an estimated price of £722,715 means this house is valued at £5,781 per sq meter (£537 per sq foot).
The average size of a house on PALACE VIEW is 128 sq meters (1,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palace View |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palace View |
| Jul 2024 | Drugs | Unable to prosecute suspect | On or near Forde Avenue |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Forde Avenue |
| Jun 2024 | Anti-social behaviour | On or near Forde Avenue |