£455,839
This estimated value is based upon the latest sale price for the house of £223,000 on 15 Apr 2004. 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 |
---|---|
£223,000 | 15 Apr 2004 |
£145,000 | 20 Dec 1999 |
£118,500 | 29 Sep 1998 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 April 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £223,000 results in an estimated price of approximately £455,839.
15 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 148.6 | 104.412 % | £223,000 | £232,839 | £455,839 |
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 | 270.467 % | £603,140 | £826,140 |
3 Month Average | 133.552 % | £297,820 | £520,820 |
6 Month Average | 128.259 % | £286,017 | £509,017 |
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 64 sq meters or 688 sq feet when measured on 12 Oct 2015. Using an estimated price of £455,839 means this house is valued at £7,122 per sq meter (£661 per sq foot).
The average size of a house on RAVENS CLOSE is 101 sq meters (1,087 sq feet).