£494,641
This estimated value is based upon the latest sale price for the house of £286,250 on 1 Jul 2011. 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 |
---|---|
£286,250 | 1 Jul 2011 |
£250,000 | 10 Feb 2005 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £286,250 results in an estimated price of approximately £494,641.
1 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.800 % | £286,250 | £208,391 | £494,641 |
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 | 159.024 % | £455,207 | £741,457 |
3 Month Average | 77.697 % | £222,407 | £508,657 |
6 Month Average | 77.579 % | £222,069 | £508,319 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £634,392 | £625,000 | 9 BARHAM CLOSE |
9 Nov 2023 | £487,213 | £480,000 | 1 BARHAM CLOSE |
21 Oct 2022 | £568,875 | £575,000 | 33 RIBSTON CLOSE |
31 May 2022 | £550,370 | £540,000 | 19 CAPEL CLOSE |
20 May 2022 | £560,562 | £550,000 | 35 LOWER GRAVEL ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Aug 2019. Using an estimated price of £494,641 means this house is valued at £7,066 per sq meter (£656 per sq foot).
The average size of a house on CAPEL CLOSE is 114 sq meters (1,235 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Barham Close |
Apr 2024 | Anti-social behaviour | On or near Brewery Road | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brewery Road |
Apr 2024 | Other theft | Under investigation | On or near Lower Gravel Road |
Mar 2024 | Anti-social behaviour | On or near Lower Gravel Road |