£523,526
This estimated value is based upon the latest sale price for the house of £93,000 on 29 May 1995. 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 |
|---|---|
| £93,000 | 29 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 1995 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £93,000 results in an estimated price of approximately £523,526.
| 29 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £93,000 | £430,526 | £523,526 |
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 | 751.939 % | £699,302 | £792,302 |
| 3 Month Average | 472.197 % | £439,143 | £532,143 |
| 6 Month Average | 447.764 % | £416,420 | £509,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jan 2022 | £557,776 | £530,000 | 24 CHURCH LANE |
| 20 Aug 2021 | £407,200 | £365,000 | 21 COTTAGE AVENUE |
| 30 Jun 2021 | £568,650 | £530,000 | 54 PRINCES PLAIN |
| 17 Dec 2020 | £355,791 | £310,000 | 15 COTTAGE AVENUE |
| 11 Sep 2020 | £474,953 | £400,000 | 30 BREWERY ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 16 Dec 2021. Using an estimated price of £523,526 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on PRINCES PLAIN is 100 sq meters (1,081 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Prince'S Plain |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Mar 2024 | Anti-social behaviour | On or near Church Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |