£459,274
This estimated value is based upon the latest sale price for the house of £445,000 on 29 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Old Municipal Buildings, 19 East Street, Bromley, BR1 1QE
Phone: 02034630089
| Price Paid | Date |
|---|---|
| £445,000 | 29 Mar 2022 |
| £380,000 | 19 Dec 2018 |
| £160,000 | 27 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £445,000 results in an estimated price of approximately £459,274.
| 29 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £445,000 | £14,274 | £459,274 |
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 | -22.437 % | £-99,843 | £345,156 |
| 3 Month Average | -7.428 % | £-33,052 | £411,947 |
| 6 Month Average | -8.430 % | £-37,514 | £407,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £524,931 | £515,000 | 28 WEST STREET |
| 30 Nov 2023 | £455,852 | £450,000 | 47 WEST STREET |
| 30 Jun 2023 | £715,804 | £710,000 | 27 WEST STREET |
| 29 Mar 2023 | £8,546 | £8,500 | 2 WEST STREET |
| 24 Feb 2023 | £343,376 | £345,000 | FLAT 22 BROMLEY HOUSE COMPASS LANE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 18 Oct 2021. Using an estimated price of £459,275 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on COMPASS LANE is 78 sq meters (846 sq feet).
This house is the largest in the street with a floor area of 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near North Street |
| Jan 2024 | Vehicle crime | Under investigation | On or near North Street |