£611,051
This estimated value is based upon the latest sale price for the house of £470,000 on 16 Feb 2017. 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 |
|---|---|
| £470,000 | 16 Feb 2017 |
| £425,000 | 6 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £470,000 results in an estimated price of approximately £611,051.
| 16 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £470,000 | £141,051 | £611,051 |
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 | 12.073 % | £56,741 | £526,741 |
| 3 Month Average | 6.300 % | £29,611 | £499,611 |
| 6 Month Average | -2.984 % | £-14,025 | £455,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £926,851 | £915,000 | 18 HOMEMEAD ROAD |
| 30 Aug 2023 | £680,957 | £675,000 | 5 SPRINGFIELD GARDENS |
| 27 Jan 2023 | £796,249 | £800,000 | 14 HOMEMEAD ROAD |
| 25 Aug 2022 | £574,454 | £576,000 | 9 SPRINGFIELD GARDENS |
| 11 Feb 2022 | £833,712 | £795,000 | 1 FAIRMEAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 Jun 2015. Using an estimated price of £611,052 means this house is valued at £6,943 per sq meter (£645 per sq foot).
The average size of a house on FAIRMEAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookmead Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brookmead Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southwood Close |
| Jan 2024 | Anti-social behaviour | On or near The Fairway | |
| Jan 2024 | Anti-social behaviour | On or near The Fairway |