£315,061
This estimated value is based upon the latest sale price for the house of £160,000 on 9 Jun 2004. 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 |
|---|---|
| £160,000 | 9 Jun 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2004 the House Price Index for GREATER LONDON was 75.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 96.914%.Applying this 96.914% change to the original purchase price of £160,000 results in an estimated price of approximately £315,061.
| 9 Jun 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.0 | 96.914 % | £160,000 | £155,061 | £315,061 |
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 | 110.185 % | £176,295 | £336,295 |
| 3 Month Average | 128.633 % | £205,812 | £365,812 |
| 6 Month Average | 114.664 % | £183,462 | £343,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £524,931 | £515,000 | 28 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 |
| 18 Aug 2022 | £161,906 | £163,000 | FLAT 9 NEWMAN COURT NORTH STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Nov 2020. Using an estimated price of £315,062 means this house is valued at £4,437 per sq meter (£412 per sq foot).
The average size of a house on COMPASS LANE is 78 sq meters (846 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 |