£634,650
This estimated value is based upon the latest sale price for the house of £510,000 on 15 Feb 2019. 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 |
---|---|
£510,000 | 15 Feb 2019 |
£450,000 | 5 Dec 2016 |
£164,950 | 14 Dec 2001 |
£97,000 | 27 Oct 1997 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £510,000 results in an estimated price of approximately £634,650.
15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £510,000 | £124,650 | £634,650 |
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 | 18.229 % | £92,967 | £602,967 |
3 Month Average | 32.853 % | £167,551 | £677,551 |
6 Month Average | 25.288 % | £128,967 | £638,967 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £549,774 | £545,000 | 50 FARINGDON AVENUE |
27 Nov 2023 | £543,804 | £530,000 | 16 LOVELACE AVENUE |
28 Apr 2023 | £499,340 | £490,000 | 66 FARINGDON AVENUE |
9 Feb 2023 | £447,993 | £445,000 | 61 FARINGDON AVENUE |
25 Jul 2022 | £535,364 | £530,000 | 1 FARINGDON AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 23 Jun 2016. Using an estimated price of £634,650 means this house is valued at £5,987 per sq meter (£556 per sq foot).
The average size of a house on LOVELACE AVENUE is 89 sq meters (967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Oxhawth Crescent |
Apr 2024 | Vehicle crime | Under investigation | On or near Oxhawth Crescent |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thorn Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thorn Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Thorn Close |