£975,615
This estimated value is based upon the latest sale price for the house of £175,000 on 2 Jul 1996. 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 |
---|---|
£175,000 | 2 Jul 1996 |
Detached |
Freehold |
Floor Area: 161 sq meters or 1,741 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 1996 the House Price Index for GREATER LONDON was 26.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.495%.Applying this 457.495% change to the original purchase price of £175,000 results in an estimated price of approximately £975,615.
2 Jul 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.7 | 148.6 | 457.495 % | £175,000 | £800,615 | £975,615 |
The Postcode Pricing Model uses changes in average sales price within the BR1 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 | 344.934 % | £603,634 | £778,634 |
3 Month Average | 393.220 % | £688,134 | £863,134 |
6 Month Average | 376.646 % | £659,129 | £834,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £513,993 | £505,000 | 4 LIME CLOSE |
14 Apr 2023 | £192,068 | £190,000 | 14 SOUTHBOROUGH ROAD |
14 Jul 2022 | £1,120,015 | £1,117,000 | 21 SOUTHBOROUGH ROAD |
6 Jul 2022 | £406,093 | £405,000 | FLAT 3 ARDENHURST, 26 SOUTHBOROUGH ROAD |
20 Jun 2022 | £299,229 | £295,000 | FLAT 4 RED HOUSE COURT HAWTHORNE ROAD |
This house has a floor area of 161 sq meters or 1,741 sq feet when measured on 19 Nov 2008. Using an estimated price of £975,615 means this house is valued at £6,030 per sq meter (£560 per sq foot).
The average size of a house on COOMBE LEA is 268 sq meters (2,888 sq feet).
This house is the smallest in the street with a floor area of 161 sq meters (1,741 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Under investigation | On or near Lime Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Close |
Apr 2024 | Vehicle crime | Under investigation | On or near Wyncroft Close |
Mar 2024 | Other crime | Under investigation | On or near Wyncroft Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wyncroft Close |