£347,980
This estimated value is based upon the latest sale price for the house of £106,500 on 5 Oct 2001. 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 |
---|---|
£106,500 | 5 Oct 2001 |
£55,000 | 21 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 74 sq meters or 796 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 October 2001 the House Price Index for GREATER LONDON was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £106,500 results in an estimated price of approximately £347,980.
5 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 149.7 | 226.742 % | £106,500 | £241,480 | £347,980 |
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 | 185.577 % | £197,639 | £304,139 |
3 Month Average | 256.073 % | £272,717 | £379,217 |
6 Month Average | 224.798 % | £239,410 | £345,910 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £302,628 | £300,000 | FLAT 1 DALE COURT HOMESDALE ROAD |
18 Aug 2023 | £315,694 | £310,000 | 13B PAGE HEATH VILLAS |
2 Aug 2023 | £178,214 | £175,000 | 171 HOMESDALE ROAD |
14 Apr 2023 | £550,293 | £540,000 | 159 TYLNEY ROAD |
3 Apr 2023 | £403,548 | £396,000 | 56A TYLNEY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 23 Apr 2012. Using an estimated price of £347,980 means this house is valued at £4,702 per sq meter (£436 per sq foot).
The average size of a house on HOMESDALE ROAD is 75 sq meters (810 sq feet).