£2,409,459
This estimated value is based upon the latest sale price for the house of £1,975,000 on 12 Jun 2020. 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 |
---|---|
£1,975,000 | 12 Jun 2020 |
£1,975,000 | 12 Jun 2020 |
Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £1,975,000 results in an estimated price of approximately £2,409,459.
12 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £1,975,000 | £434,459 | £2,409,459 |
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 | -20.454 % | £-403,970 | £1,571,029 |
3 Month Average | 12.610 % | £249,045 | £2,224,045 |
6 Month Average | 7.601 % | £150,121 | £2,125,121 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £396,085 | £390,000 | 18 SUNDRIDGE PARK MANSION WILLOUGHBY LANE |
30 Oct 2023 | £946,497 | £925,000 | 89 NEW STREET HILL |
27 Oct 2023 | £1,013,007 | £990,000 | 5 ELHAM CLOSE |
11 Aug 2023 | £911,439 | £895,000 | 73 NEW STREET HILL |
31 Mar 2023 | £559,341 | £550,000 | 147 PORTLAND ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Mar 2016. Using an estimated price of £2,409,460 means this house is valued at £18,392 per sq meter (£1,708 per sq foot).
The average size of a house on WILLOUGHBY LANE is 143 sq meters (1,546 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Portland Road |