£508,974
This estimated value is based upon the latest sale price for the house of £415,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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252 Southborough Lane, Bickley, BR2 8AS
Phone: 02080221707
| Price Paid | Date |
|---|---|
| £415,000 | 29 Nov 2019 |
| £225,500 | 24 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £415,000 results in an estimated price of approximately £508,974.
| 29 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £415,000 | £93,974 | £508,974 |
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 | 15.586 % | £64,682 | £479,682 |
| 3 Month Average | 34.174 % | £141,823 | £556,823 |
| 6 Month Average | 26.263 % | £108,993 | £523,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £537,965 | £530,000 | 16 LOVELACE AVENUE |
| 28 Apr 2023 | £495,333 | £490,000 | 66 FARINGDON AVENUE |
| 9 Feb 2023 | £444,701 | £445,000 | 61 FARINGDON AVENUE |
| 25 Jul 2022 | £531,431 | £530,000 | 1 FARINGDON AVENUE |
| 21 Jul 2022 | £591,592 | £590,000 | 37 FARINGDON AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 24 Apr 2019. Using an estimated price of £508,975 means this house is valued at £5,039 per sq meter (£468 per sq foot).
The average size of a house on LOVELACE AVENUE is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lovelace Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorn Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorn Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oxhawth Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorn Close |