£7,371
This estimated value is based upon the latest sale price for the house of £6,000 on 17 Dec 2018. 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 |
---|---|
£6,000 | 17 Dec 2018 |
£455,000 | 22 Jan 2013 |
Freehold |
Floor Area: 135 sq meters or 1,453 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £6,000 results in an estimated price of approximately £7,371.
17 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.0 | 22.860 % | £6,000 | £1,371 | £7,371 |
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 | -11.238 % | £-674 | £5,325 |
3 Month Average | 11.238 % | £674 | £6,674 |
6 Month Average | 5.959 % | £357 | £6,357 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2022 | £702,564 | £685,000 | 8 LANCASTER GARDENS |
31 Mar 2022 | £1,102,259 | £1,068,000 | 94 SOUTHBOROUGH ROAD |
10 Mar 2022 | £732,775 | £710,000 | 23 BIRDHAM CLOSE |
25 Feb 2022 | £840,790 | £805,000 | 15 BIRDHAM CLOSE |
8 Dec 2021 | £738,933 | £692,500 | 11 SIBLEY CLOSE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 16 Jul 2012. Using an estimated price of £7,372 means this house is valued at £54 per sq meter (£5 per sq foot).
The average size of a house on WOODSIDE ROAD is 147 sq meters (1,589 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Sibley Close |
Apr 2024 | Robbery | Under investigation | On or near Lancaster Gardens |
Feb 2024 | Burglary | Under investigation | On or near Lancaster Gardens |
Feb 2024 | Vehicle crime | Under investigation | On or near Lancaster Gardens |
Jan 2024 | Other theft | Under investigation | On or near Birdham Close |