£518,067
This estimated value is based upon the latest sale price for the house of £480,000 on 22 Dec 2021. 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 |
---|---|
£480,000 | 22 Dec 2021 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £480,000 results in an estimated price of approximately £518,067.
22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £480,000 | £38,067 | £518,067 |
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 | 5.483 % | £26,319 | £506,319 |
3 Month Average | 7.584 % | £36,401 | £516,401 |
6 Month Average | 14.904 % | £71,539 | £551,539 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £340,647 | £332,000 | 32 PARKFIELD WAY |
14 Aug 2023 | £493,908 | £485,000 | 27 PARKFIELD WAY |
10 Mar 2022 | £554,328 | £531,000 | 19 FONTWELL DRIVE |
18 Feb 2022 | £398,284 | £377,000 | FLAT 4 BROOKBURY HOUSE, 2 BLACKBROOK LANE |
22 Dec 2021 | £518,068 | £480,000 | 1 PARKFIELD WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Jul 2021. Using an estimated price of £518,068 means this house is valued at £6,317 per sq meter (£586 per sq foot).
The average size of a house on PARKFIELD WAY is 95 sq meters (1,024 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Holbrook Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Holbrook Way |