£965,679
This estimated value is based upon the latest sale price for the house of £665,000 on 30 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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187c Southborough Lane, Bromley, BR2 8AR
Phone: 02030074690
| Price Paid | Date |
|---|---|
| £665,000 | 30 Jun 2015 |
| £391,500 | 12 Feb 2004 |
| £205,000 | 28 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £665,000 results in an estimated price of approximately £965,679.
| 30 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £665,000 | £300,679 | £965,679 |
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 | 14.291 % | £95,037 | £760,037 |
| 3 Month Average | 23.054 % | £153,312 | £818,312 |
| 6 Month Average | 22.098 % | £146,949 | £811,949 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2022 | £705,412 | £685,000 | 8 LANCASTER GARDENS |
| 31 Mar 2022 | £1,106,728 | £1,068,000 | 94 SOUTHBOROUGH ROAD |
| 15 Nov 2021 | £665,131 | £615,000 | 6 BIRDHAM CLOSE |
| 4 Jun 2021 | £788,599 | £735,000 | 23 WOODSIDE ROAD |
| 27 Apr 2021 | £663,393 | £587,500 | 165 SOUTHBOROUGH LANE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 27 Feb 2015. Using an estimated price of £965,679 means this house is valued at £6,524 per sq meter (£606 per sq foot).
The average size of a house on LANCASTER GARDENS is 164 sq meters (1,774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Sibley Close |
| Jan 2024 | Other theft | Under investigation | On or near Birdham Close |