£588,085
This estimated value is based upon the latest sale price for the house of £240,000 on 21 Feb 2003. 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 |
---|---|
£240,000 | 21 Feb 2003 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2003 the House Price Index for GREATER LONDON was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £240,000 results in an estimated price of approximately £588,085.
21 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 148.6 | 145.035 % | £240,000 | £348,085 | £588,085 |
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 | 112.391 % | £269,737 | £509,737 |
3 Month Average | 140.514 % | £337,233 | £577,233 |
6 Month Average | 130.623 % | £313,494 | £553,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2023 | £435,866 | £430,000 | 56 BROMLEY HILL |
5 Jul 2023 | £1,064,325 | £1,050,000 | 44 CONISTON ROAD |
19 Jun 2023 | £425,150 | £420,000 | 4 YEWDALE CLOSE |
10 Feb 2023 | £779,475 | £780,000 | 73 CONISTON ROAD |
25 Aug 2022 | £263,291 | £264,000 | 100 PRINCESS COURT BROMLEY HILL |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 28 Mar 2013. Using an estimated price of £588,085 means this house is valued at £4,860 per sq meter (£451 per sq foot).
The average size of a house on BROMLEY HILL is 74 sq meters (797 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,302 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Feb 2024 | Other theft | Under investigation | On or near Petrol Station |