ALTUS HOUSE, 335 - 337 FLAT 37 BROMLEY ROAD

£393,498

Full Address

ALTUS HOUSE, 335 - 337 FLAT 37 BROMLEY ROAD
LONDON
GREATER LONDON
UNITED KINGDOM
SE6 2DR

Estimated Market Value

£393,498

This estimated value is based upon the latest sale price for the house of £325,000 on 4 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1

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Transactions for this house
Price PaidDate
£325,0004 Nov 2019
£350,0009 Jul 2014
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 November 2019 the House Price Index for GREATER LONDON was 121.2.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.076%.

Applying this 21.076% change to the original purchase price of £325,000 results in an estimated price of approximately £393,498.

4 Nov 2019 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
121.2 146.7 21.076 % £325,000 £68,498 £393,498

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 10.089 % £32,789 £357,789
3 Month Average -7.440 % £-24,179 £300,820
6 Month Average -6.831 % £-22,201 £302,798
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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