£391,258
This estimated value is based upon the latest sale price for the house of £335,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Commercial House, 2b Fielding Lane, Bromley, BR2 9FL
Phone: 01689251905
Price Paid | Date |
---|---|
£335,000 | 5 Nov 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £335,000 results in an estimated price of approximately £391,258.
5 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £335,000 | £56,258 | £391,258 |
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 | 2.625 % | £8,795 | £343,795 |
3 Month Average | 9.576 % | £32,079 | £367,079 |
6 Month Average | 10.472 % | £35,081 | £370,081 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £86,738 | £85,000 | FLAT 13 SHERIDAN LODGE, 12 HOMESDALE ROAD |
1 Jun 2023 | £263,276 | £258,000 | FLAT 7 BARBICAN COURT, 37 RENWICK DRIVE |
22 Aug 2022 | £1,933,039 | £1,924,000 | FLAT 32 AZZURA HOUSE, 8 HOMESDALE ROAD |
19 May 2022 | £332,153 | £323,500 | FLAT 1 BARBICAN COURT, 37 RENWICK DRIVE |
6 Apr 2022 | £285,291 | £275,000 | FLAT 67 ICONIA HOUSE, 6 HOMESDALE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 22 Sep 2020. Using an estimated price of £391,258 means this house is valued at £7,113 per sq meter (£660 per sq foot).
The average size of a house on FIELDING LANE is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fielding Lane |
Apr 2024 | Vehicle crime | Under investigation | On or near Great Elms Road |