£935,691
This estimated value is based upon the latest sale price for the house of £625,000 on 1 Oct 2014. 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 |
|---|---|
| £625,000 | 1 Oct 2014 |
| £145,000 | 27 Jun 1997 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £625,000 results in an estimated price of approximately £935,691.
| 1 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £625,000 | £310,691 | £935,691 |
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 | 5.865 % | £36,653 | £661,653 |
| 3 Month Average | 30.813 % | £192,579 | £817,579 |
| 6 Month Average | 26.093 % | £163,078 | £788,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jan 2023 | £746,484 | £750,000 | 7 BARFIELD ROAD |
| 17 Jun 2022 | £912,901 | £900,000 | 13 THORNET WOOD ROAD |
| 17 May 2022 | £800,075 | £785,000 | 4 GROVE WOOD CLOSE |
| 29 Mar 2022 | £569,944 | £550,000 | 11 SHORNEFIELD CLOSE |
| 18 Mar 2022 | £2,067,343 | £1,995,000 | 5 SYCAMORE PLACE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 24 Mar 2014. Using an estimated price of £935,691 means this house is valued at £8,207 per sq meter (£762 per sq foot).
The average size of a house on BARFIELD ROAD is 166 sq meters (1,791 sq feet).