£541,996
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Mar 2020. 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 |
|---|---|
| £450,000 | 12 Mar 2020 |
| £248,000 | 14 Dec 2006 |
| £219,000 | 14 Dec 2005 |
| £108,500 | 18 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £450,000 results in an estimated price of approximately £541,996.
| 12 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £450,000 | £91,996 | £541,996 |
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 | 63.879 % | £287,455 | £737,455 |
| 3 Month Average | 38.072 % | £171,324 | £621,324 |
| 6 Month Average | 25.169 % | £113,259 | £563,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £609,016 | £600,000 | 12 SUNRAY AVENUE |
| 4 Jul 2023 | £304,093 | £300,000 | 204 SOUTHBOROUGH LANE |
| 2 Mar 2023 | £600,659 | £595,000 | 29 SUNRAY AVENUE |
| 5 Aug 2022 | £508,631 | £510,000 | 66 SUNRAY AVENUE |
| 24 Jun 2022 | £524,766 | £517,350 | 2 SUNRAY AVENUE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 14 Jun 2019. Using an estimated price of £541,997 means this house is valued at £5,065 per sq meter (£470 per sq foot).
The average size of a house on SUNRAY AVENUE is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sunray Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunray Avenue |
| Feb 2024 | Drugs | Under investigation | On or near Ruskin Walk |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ruskin Walk |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Green Way |