£431,943
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Jan 2010. 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 |
|---|---|
| £250,000 | 5 Jan 2010 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £250,000 results in an estimated price of approximately £431,943.
| 5 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.777 % | £250,000 | £181,943 | £431,943 |
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 | 56.361 % | £140,902 | £390,902 |
| 3 Month Average | 79.118 % | £197,794 | £447,794 |
| 6 Month Average | 78.029 % | £195,072 | £445,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £555,000 | £555,000 | 38 HOMEMEAD ROAD |
| 21 Nov 2023 | £1,128,650 | £1,100,000 | 63 BLACKBROOK LANE |
| 27 Oct 2023 | £654,874 | £640,000 | 29 HOMEMEAD ROAD |
| 7 Sep 2023 | £935,625 | £915,000 | 18 HOMEMEAD ROAD |
| 27 Jan 2023 | £802,143 | £800,000 | 14 HOMEMEAD ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Jul 2009. Using an estimated price of £431,944 means this house is valued at £5,395 per sq meter (£501 per sq foot).
The average size of a house on HOMEMEAD ROAD is 119 sq meters (1,283 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Southborough Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Southborough Lane |