£833,712
This estimated value is based upon the latest sale price for the house of £795,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
187c Southborough Lane, Bromley, BR2 8AR
Phone: 02030074690
Price Paid | Date |
---|---|
£795,000 | 11 Feb 2022 |
£410,000 | 28 Oct 2016 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 538 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £795,000 results in an estimated price of approximately £833,712.
11 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £795,000 | £38,712 | £833,712 |
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 | -32.095 % | £-255,154 | £539,845 |
3 Month Average | 4.571 % | £36,339 | £831,339 |
6 Month Average | -6.141 % | £-48,817 | £746,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £680,957 | £675,000 | 5 SPRINGFIELD GARDENS |
25 Aug 2022 | £574,454 | £576,000 | 9 SPRINGFIELD GARDENS |
8 Aug 2022 | £473,725 | £475,000 | 47 THE FAIRWAY |
11 Feb 2022 | £833,712 | £795,000 | 1 FAIRMEAD |
26 Nov 2021 | £665,131 | £615,000 | 60 THE FAIRWAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 10 Jun 2016. Using an estimated price of £833,712 means this house is valued at £16,674 per sq meter (£1,549 per sq foot).
The average size of a house on FAIRMEAD is 87 sq meters (939 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Brookmead Avenue |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookmead Avenue |
Jan 2024 | Other crime | Under investigation | On or near Waldegrave Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Waldegrave Road |
Jan 2024 | Anti-social behaviour | On or near The Fairway |