£419,811
This estimated value is based upon the latest sale price for the house of £335,000 on 2 Mar 2018. 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 |
|---|---|
| £335,000 | 2 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £335,000 results in an estimated price of approximately £419,811.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £335,000 | £84,811 | £419,811 |
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 | 46.997 % | £157,440 | £492,440 |
| 3 Month Average | 24.350 % | £81,573 | £416,573 |
| 6 Month Average | 12.716 % | £42,597 | £377,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £344,404 | £340,000 | FLAT 32 CROMARTY COURT, 126 - 128 WIDMORE ROAD |
| 29 Jun 2023 | £278,372 | £275,000 | FLAT 12 CROMARTY COURT, 126 - 128 WIDMORE ROAD |
| 21 Jun 2023 | £268,249 | £265,000 | FLAT 53 THE OASIS, 124 WIDMORE ROAD |
| 7 Mar 2023 | £257,425 | £255,000 | FLAT 1 THE OASIS, 124 WIDMORE ROAD |
| 17 Jan 2022 | £269,416 | £256,000 | FLAT 48 THE OASIS, 124 WIDMORE ROAD |