£671,063
This estimated value is based upon the latest sale price for the house of £540,000 on 11 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 Bromley Road, Catford, SE6 2PG
Phone: 02035890846
Price Paid | Date |
---|---|
£540,000 | 11 Dec 2018 |
Semi-Detached |
Freehold |
Floor Area: 133 sq meters or 1,431 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £540,000 results in an estimated price of approximately £671,063.
11 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £540,000 | £131,063 | £671,063 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 3.835 % | £20,710 | £560,710 |
3 Month Average | 8.799 % | £47,513 | £587,513 |
6 Month Average | 9.032 % | £48,773 | £588,773 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £680,455 | £670,000 | 67 NEWQUAY ROAD |
14 Mar 2024 | £614,440 | £605,000 | 61 CRANTOCK ROAD |
30 Aug 2023 | £697,582 | £685,000 | 67 CRANTOCK ROAD |
16 Jun 2023 | £887,791 | £870,000 | 101 ARRAN ROAD |
11 Aug 2022 | £683,195 | £680,000 | 65 CRANTOCK ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 18 Aug 2018. Using an estimated price of £671,064 means this house is valued at £5,045 per sq meter (£468 per sq foot).
The average size of a house on NEWQUAY ROAD is 134 sq meters (1,444 sq feet).