£578,793
This estimated value is based upon the latest sale price for the house of £149,500 on 10 Mar 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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55 Beckenham Lane, Bromley, BR2 0DA
Phone: 02036411731
Price Paid | Date |
---|---|
£149,500 | 10 Mar 2000 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 March 2000 the House Price Index for GREATER LONDON was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £149,500 results in an estimated price of approximately £578,793.
10 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 148.6 | 287.153 % | £149,500 | £429,293 | £578,793 |
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 | 483.385 % | £722,660 | £872,160 |
3 Month Average | 286.766 % | £428,714 | £578,214 |
6 Month Average | 282.491 % | £422,324 | £571,824 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £248,342 | £245,000 | 38 BROMLEY CRESCENT |
2 Jun 2023 | £541,560 | £535,000 | 27 BROMLEY CRESCENT |
28 Apr 2023 | £490,279 | £485,000 | 45 BROMLEY CRESCENT |
31 Mar 2023 | £529,993 | £525,000 | 57 BROMLEY CRESCENT |
9 Sep 2022 | £659,673 | £665,000 | 7 BROMLEY CRESCENT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 19 Jul 2012. Using an estimated price of £578,794 means this house is valued at £9,810 per sq meter (£911 per sq foot).
The average size of a house on RAVENS CLOSE is 101 sq meters (1,087 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).