Full Address

4 ROWAN WALK
BROMLEY
BROMLEY
GREATER LONDON
UNITED KINGDOM
BR2 8QN

Estimated Market Value

£853,941

This estimated value is based upon the latest sale price for the house of £457,500 on 25 Jul 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£457,50025 Jul 2005
House Details
Detached
Freehold

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 July 2005 the House Price Index for GREATER LONDON was 64.6.

The House Price Index as of 1 Jun 2019 is 120.5 which is a change of 86.654%.

Applying this 86.654% change to the original purchase price of £457,500 gives us an estimated price now of around £853,940.

25 Jul 2005 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
64.6 120.5 86.654 % £457,500 £396,440 £853,940

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 91.699 % £419,521 £877,021
3 Month Average 61.361 % £280,726 £738,226
6 Month Average 71.325 % £326,312 £783,812

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In July 2005 the average sale price for the 50 nearest sales within two miles of 4 ROWAN WALK was £294,607.

In October 2019 the average sale price for the 50 nearest sales was £450,845. This is a change of 53.033%.

So taking the original purchase price of £457,500 and adjusting it by 53.033% gives an estimated price of £700,125.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 25 Jul 2005 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£294,607 £450,845 53.033 % £457,500 £242,625 £700,125
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
3 May 2019 £584,860 £580,000 222 HASTINGS ROAD
5 Apr 2019 £1,253,565 £1,250,000 10 CROYDON ROAD
18 Mar 2019 £604,727 £605,000 16 ROWAN WALK
15 Mar 2019 £689,689 £690,000 246 HASTINGS ROAD
14 Mar 2019 £629,716 £630,000 43 ROWAN WALK

Show these sales on a map

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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