£314,297
This estimated value is based upon the latest sale price for the house of £169,000 on 20 Jun 2005. 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 |
---|---|
£169,000 | 20 Jun 2005 |
Flats/Maisonettes |
Freehold |
Floor Area: 95 sq meters or 1,022 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 June 2005 the House Price Index for GREATER LONDON was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £169,000 results in an estimated price of approximately £314,297.
20 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 149.7 | 85.975 % | £169,000 | £145,297 | £314,297 |
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 | 132.660 % | £224,194 | £393,194 |
3 Month Average | 124.622 % | £210,611 | £379,611 |
6 Month Average | 115.910 % | £195,887 | £364,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £386,888 | £375,000 | 166 BROOKEHOWSE ROAD |
4 Jul 2022 | £247,480 | £245,000 | 86 FARMSTEAD ROAD |
8 Mar 2022 | £391,475 | £375,000 | 178 BROOKEHOWSE ROAD |
29 Nov 2021 | £468,493 | £430,000 | 191 BROOKEHOWSE ROAD |
10 Sep 2021 | £401,661 | £370,000 | 15 SWALLANDS ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 3 Jun 2014. Using an estimated price of £314,298 means this house is valued at £3,308 per sq meter (£307 per sq foot).
The average size of a house on BROOKEHOWSE ROAD is 83 sq meters (893 sq feet).