£272,860
This estimated value is based upon the latest sale price for the house of £160,000 on 15 May 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
38 High Street, Bromley, BR1 1EA
Phone: 02081667203
Price Paid | Date |
---|---|
£160,000 | 15 May 2012 |
£55,000 | 7 Feb 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 May 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £160,000 results in an estimated price of approximately £272,860.
15 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 148.6 | 70.538 % | £160,000 | £112,860 | £272,860 |
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 | 37.725 % | £60,360 | £220,360 |
3 Month Average | 75.465 % | £120,744 | £280,744 |
6 Month Average | 59.845 % | £95,751 | £255,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £304,508 | £300,000 | FLAT 9 CHADWICK COURT, 12 RINGERS ROAD |
15 Nov 2023 | £246,144 | £242,500 | FLAT 7 RINGERS COURT, 8 RINGERS ROAD |
28 Sep 2023 | £190,941 | £188,500 | FLAT 1 HARESTONE COURT, 10 RINGERS ROAD |
17 Jul 2023 | £334,502 | £330,000 | 47C RAVENSBOURNE ROAD |
26 Jun 2023 | £789,564 | £780,000 | 26 RAVENSBOURNE ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 27 Aug 2019. Using an estimated price of £272,860 means this house is valued at £5,350 per sq meter (£497 per sq foot).
The average size of a house on RAVENSBOURNE ROAD is 77 sq meters (831 sq feet).