£627,230
This estimated value is based upon the latest sale price for the house of £480,000 on 19 Jan 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
187c Southborough Lane, Bromley, BR2 8AR
Phone: 02030074690
| Price Paid | Date |
|---|---|
| £480,000 | 19 Jan 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £480,000 results in an estimated price of approximately £627,230.
| 19 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £480,000 | £147,230 | £627,230 |
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 | 144.163 % | £691,982 | £1,171,982 |
| 3 Month Average | 27.697 % | £132,946 | £612,946 |
| 6 Month Average | 24.150 % | £115,917 | £595,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £547,581 | £538,000 | 25 HOLMCROFT WAY |
| 7 Sep 2023 | £344,404 | £340,000 | 218 SOUTHBOROUGH LANE |
| 19 Jun 2023 | £384,659 | £380,000 | 2A MAGPIE HALL LANE |
| 13 Jun 2022 | £142,007 | £140,000 | FLAT 12 SOVEREIGN COURT, 16 MAGPIE HALL LANE |
| 1 Jun 2022 | £233,297 | £230,000 | FLAT 2 SOVEREIGN COURT, 16 MAGPIE HALL LANE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 13 Sep 2016. Using an estimated price of £627,230 means this house is valued at £5,270 per sq meter (£489 per sq foot).
The average size of a house on MAGPIE HALL LANE is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stiles Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Stiles Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stiles Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stiles Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |