£638,098
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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58 Beckenham Lane, Bromley, BR2 0DQ
Phone: 02036413927
Price Paid | Date |
---|---|
£400,000 | 28 Feb 2014 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 February 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £400,000 results in an estimated price of approximately £638,098.
28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 149.7 | 59.525 % | £400,000 | £238,098 | £638,098 |
The Postcode Pricing Model uses changes in average sales price within the BR1 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 | 47.893 % | £191,572 | £591,572 |
3 Month Average | 70.907 % | £283,628 | £683,628 |
6 Month Average | 62.923 % | £251,691 | £651,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £573,014 | £560,000 | 1A MADEIRA AVENUE |
28 Sep 2023 | £899,836 | £880,000 | 5 BROMLEY AVENUE |
28 Jun 2023 | £270,419 | £265,000 | FLAT 11 TREVERSH COURT GRASMERE ROAD |
19 Jun 2023 | £647,986 | £635,000 | 15 BROMLEY AVENUE |
31 Mar 2023 | £955,965 | £940,000 | 17 BROMLEY AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 16 Apr 2013. Using an estimated price of £638,099 means this house is valued at £5,854 per sq meter (£543 per sq foot).
The average size of a house on BROMLEY AVENUE is 146 sq meters (1,577 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Farnaby Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grasmere Road |
Apr 2024 | Anti-social behaviour | On or near Grasmere Road | |
Apr 2024 | Anti-social behaviour | On or near Grasmere Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Farnaby Road |