£255,150
This estimated value is based upon the latest sale price for the house of £140,000 on 24 Oct 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 |
|---|---|
| £140,000 | 24 Oct 2005 |
| £116,000 | 22 Nov 2002 |
| £35,000 | 1 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £140,000 results in an estimated price of approximately £255,150.
| 24 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £140,000 | £115,150 | £255,150 |
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 | 184.638 % | £258,492 | £398,492 |
| 3 Month Average | 81.357 % | £113,900 | £253,900 |
| 6 Month Average | 87.971 % | £123,158 | £263,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2022 | £245,661 | £245,000 | 86 FARMSTEAD ROAD |
| 8 Mar 2022 | £388,598 | £375,000 | 178 BROOKEHOWSE ROAD |
| 29 Nov 2021 | £465,051 | £430,000 | 191 BROOKEHOWSE ROAD |
| 3 Sep 2021 | £290,950 | £270,000 | 215 BROOKEHOWSE ROAD |
| 30 Jun 2021 | £309,002 | £288,000 | 121 FARMSTEAD ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 15 Jan 2018. Using an estimated price of £255,151 means this house is valued at £5,002 per sq meter (£464 per sq foot).
The average size of a house on FARMSTEAD ROAD is 81 sq meters (874 sq feet).