£466,199
This estimated value is based upon the latest sale price for the house of £264,000 on 7 Apr 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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227 Bromley Road, Catford, SE6 2PG
Phone: 02035890846
Price Paid | Date |
---|---|
£264,000 | 7 Apr 2006 |
£138,000 | 24 Dec 1998 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 April 2006 the House Price Index for GREATER LONDON was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £264,000 results in an estimated price of approximately £466,199.
7 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.8 | 149.7 | 76.591 % | £264,000 | £202,199 | £466,199 |
The Postcode Pricing Model uses changes in average sales price within the SE6 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 | 135.730 % | £358,328 | £622,328 |
3 Month Average | 130.168 % | £343,643 | £607,643 |
6 Month Average | 118.245 % | £312,167 | £576,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £497,646 | £490,000 | 23 CARSTAIRS ROAD |
21 Apr 2023 | £524,816 | £515,000 | 25 DANESWOOD AVENUE |
24 Jun 2022 | £521,140 | £510,000 | 9 CARSTAIRS ROAD |
29 Sep 2021 | £591,635 | £545,000 | 41 DANESWOOD AVENUE |
30 Jun 2021 | £626,903 | £580,000 | 65 WOODHAM ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 4 Dec 2014. Using an estimated price of £466,199 means this house is valued at £5,420 per sq meter (£503 per sq foot).
The average size of a house on DANESWOOD AVENUE is 102 sq meters (1,100 sq feet).