£542,627
This estimated value is based upon the latest sale price for the house of £106,000 on 25 Jul 1997. 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 |
|---|---|
| £106,000 | 25 Jul 1997 |
| Terraced |
| Freehold |
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 July 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £106,000 results in an estimated price of approximately £542,627.
| 25 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £106,000 | £436,627 | £542,627 |
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 | 371.278 % | £393,555 | £499,555 |
| 3 Month Average | 415.783 % | £440,730 | £546,730 |
| 6 Month Average | 417.480 % | £442,529 | £548,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £615,627 | £600,000 | 12 SUNRAY AVENUE |
| 2 Mar 2023 | £605,105 | £595,000 | 29 SUNRAY AVENUE |
| 5 Aug 2022 | £512,396 | £510,000 | 66 SUNRAY AVENUE |
| 24 Jun 2022 | £528,650 | £517,350 | 2 SUNRAY AVENUE |
| 27 May 2022 | £394,272 | £384,000 | 5A SUNRAY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Broom Close |
| Apr 2024 | Public order | Under investigation | On or near Broom Close |