£397,363
This estimated value is based upon the latest sale price for the house of £285,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 Beckenham Lane, Bromley, BR2 0DQ
Phone: 02036413927
| Price Paid | Date |
|---|---|
| £285,000 | 18 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £285,000 results in an estimated price of approximately £397,363.
| 18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £285,000 | £112,363 | £397,363 |
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 | 11.490 % | £32,745 | £317,745 |
| 3 Month Average | 34.272 % | £97,675 | £382,675 |
| 6 Month Average | 28.229 % | £80,451 | £365,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2022 | £336,574 | £335,000 | FLAT 3 CAMERON HOUSE, 12 HIGHLAND ROAD |
| 19 Aug 2022 | £401,879 | £400,000 | FLAT 3 TRINITY COURT, 17 HIGHLAND ROAD |
| 4 Aug 2022 | £48,226 | £48,000 | FLAT 1 TRINITY COURT, 17 HIGHLAND ROAD |
| 17 Jun 2022 | £288,671 | £282,500 | 10F HIGHLAND ROAD |
| 8 Apr 2022 | £383,846 | £370,000 | 1 BRANXHOLME COURT, 16 HIGHLAND ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 11 Jan 2016. Using an estimated price of £397,364 means this house is valued at £4,967 per sq meter (£461 per sq foot).
The average size of a house on HIGHLAND ROAD is 81 sq meters (873 sq feet).