£511,502
This estimated value is based upon the latest sale price for the house of £127,500 on 7 Jan 2000. 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 |
---|---|
£127,500 | 7 Jan 2000 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 January 2000 the House Price Index for GREATER LONDON was 37.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 301.178%.Applying this 301.178% change to the original purchase price of £127,500 results in an estimated price of approximately £511,502.
7 Jan 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
37.3 | 149.7 | 301.178 % | £127,500 | £384,002 | £511,502 |
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 | 209.100 % | £266,602 | £394,102 |
3 Month Average | 277.257 % | £353,502 | £481,002 |
6 Month Average | 284.129 % | £362,265 | £489,765 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £460,458 | £450,000 | 15 NARROW WAY |
22 Aug 2022 | £467,185 | £465,000 | 2 SHELL CLOSE |
1 Jun 2022 | £526,249 | £515,000 | 19 NARROW WAY |
13 May 2022 | £521,075 | £507,500 | 12 MANOR WAY |
6 May 2022 | £476,411 | £464,000 | 2 NARROW WAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Jun 2020. Using an estimated price of £511,503 means this house is valued at £5,273 per sq meter (£489 per sq foot).
The average size of a house on MOSUL WAY is 77 sq meters (833 sq feet).
This house is the largest in the street with a floor area of 97 sq meters (1,044 sq feet).