£276,570
This estimated value is based upon the latest sale price for the house of £220,000 on 4 Dec 2017. 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 |
---|---|
£220,000 | 4 Dec 2017 |
£159,500 | 16 Nov 2007 |
£97,500 | 24 Aug 2001 |
£60,000 | 12 Nov 1999 |
£46,000 | 10 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £220,000 results in an estimated price of approximately £276,570.
4 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £220,000 | £56,570 | £276,570 |
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 | 78.527 % | £172,759 | £392,759 |
3 Month Average | 29.735 % | £65,417 | £285,417 |
6 Month Average | 15.996 % | £35,192 | £255,192 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2022 | £243,522 | £235,000 | 63 RAYFIELD CLOSE |
30 Nov 2021 | £346,084 | £320,000 | 174 MAGPIE HALL LANE |
21 Aug 2020 | £347,729 | £290,000 | 155 TURPINGTON LANE |
19 Aug 2020 | £311,757 | £260,000 | 25 TURPINGTON CLOSE |
6 Dec 2019 | £294,423 | £240,000 | 21 TURPINGTON CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 19 Jul 2017. Using an estimated price of £276,571 means this house is valued at £4,321 per sq meter (£401 per sq foot).
The average size of a house on TURPINGTON LANE is 73 sq meters (789 sq feet).