£285,636
This estimated value is based upon the latest sale price for the house of £167,000 on 19 Oct 2012. 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 |
|---|---|
| £167,000 | 19 Oct 2012 |
| £162,000 | 30 Jun 2008 |
| £64,000 | 19 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 437 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 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £167,000 results in an estimated price of approximately £285,636.
| 19 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £167,000 | £118,636 | £285,636 |
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 | 65.489 % | £109,367 | £276,367 |
| 3 Month Average | 86.495 % | £144,447 | £311,447 |
| 6 Month Average | 72.182 % | £120,544 | £287,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £845,000 | £845,000 | 2 PLAXTOL CLOSE |
| 3 Nov 2023 | £461,720 | £450,000 | FLAT 3 PHOENIX APARTMENTS, 157 WIDMORE ROAD |
| 21 Feb 2023 | £427,858 | £425,000 | 134B WIDMORE ROAD |
| 26 Aug 2022 | £643,007 | £640,000 | 156 WIDMORE ROAD |
| 3 May 2022 | £462,037 | £450,000 | FLAT 20 PHOENIX APARTMENTS, 157 WIDMORE ROAD |
This house has a floor area of 40 sq meters or 437 sq feet when measured on 16 Mar 2012. Using an estimated price of £285,636 means this house is valued at £7,035 per sq meter (£653 per sq foot).
The average size of a house on WIDMORE ROAD is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Widmore Road |
| Apr 2024 | Anti-social behaviour | On or near Plaxtol Close | |
| Apr 2024 | Anti-social behaviour | On or near Plaxtol Close | |
| Apr 2024 | Anti-social behaviour | On or near Plaxtol Close | |
| Apr 2024 | Anti-social behaviour | On or near Plaxtol Close |