£606,408
This estimated value is based upon the latest sale price for the house of £510,000 on 2 Mar 2020. 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 |
|---|---|
| £510,000 | 2 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £510,000 results in an estimated price of approximately £606,408.
| 2 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £510,000 | £96,408 | £606,408 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | -10.173 % | £-51,880 | £458,119 |
| 3 Month Average | 50.196 % | £255,998 | £765,998 |
| 6 Month Average | 23.695 % | £120,845 | £630,845 |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 16 Oct 2019.
The average size of a house on SOUTHBOROUGH LANE is 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Birdham Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Austin Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Cloisters Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Sibley Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Sibley Close |