£642,485
This estimated value is based upon the latest sale price for the house of £482,500 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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69 Chatterton Road, Bromley, BR2 9QQ
Phone: 02382349667
Price Paid | Date |
---|---|
£482,500 | 29 Jul 2016 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £482,500 results in an estimated price of approximately £642,485.
29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £482,500 | £159,985 | £642,485 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 98.330 % | £474,440 | £956,940 |
3 Month Average | 12.537 % | £60,490 | £542,990 |
6 Month Average | 22.348 % | £107,829 | £590,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £582,844 | £575,000 | 25 CROWN LANE |
27 Feb 2023 | £579,610 | £580,000 | 16 MOSSLEA ROAD |
28 Jul 2022 | £275,742 | £275,000 | FLAT 5 WRIGHTS COURT, 6 JEFFERSON PLACE |
7 Jul 2022 | £541,458 | £540,000 | 15 CROWN LANE |
3 Dec 2021 | £557,116 | £520,000 | 14 VICTORIA ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 9 Jun 2016. Using an estimated price of £642,485 means this house is valued at £5,586 per sq meter (£519 per sq foot).
The average size of a house on CROWN LANE is 94 sq meters (1,015 sq feet).