£333,126
This estimated value is based upon the latest sale price for the house of £260,000 on 1 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
355 Bromley Rd, Bromley, SE6 2RP
Phone: 02080339330
Price Paid | Date |
---|---|
£260,000 | 1 Jun 2017 |
£189,995 | 30 Aug 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 587 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 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £260,000 results in an estimated price of approximately £333,126.
1 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £260,000 | £73,126 | £333,126 |
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 | -16.675 % | £-43,353 | £216,646 |
3 Month Average | 7.563 % | £19,662 | £279,662 |
6 Month Average | 7.250 % | £18,850 | £278,850 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £412,212 | £405,000 | 539 BROMLEY ROAD |
3 Apr 2023 | £429,626 | £425,000 | 543 BROMLEY ROAD |
27 Jan 2023 | £291,129 | £292,500 | 18 NESBIT COURT MEDHURST DRIVE |
4 Nov 2022 | £385,332 | £390,000 | 57 SANDPIT ROAD |
16 Sep 2022 | £292,637 | £295,000 | 19 NESBIT COURT MEDHURST DRIVE |
This house has a floor area of 54 sq meters or 587 sq feet when measured on 23 Sep 2010. Using an estimated price of £333,126 means this house is valued at £6,101 per sq meter (£566 per sq foot).
The average size of a house on MEDHURST DRIVE is 60 sq meters (646 sq feet).