£905,570
This estimated value is based upon the latest sale price for the house of £540,000 on 16 Nov 2006. 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 |
|---|---|
| £540,000 | 16 Nov 2006 |
| Detached |
| Freehold |
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 November 2006 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £540,000 results in an estimated price of approximately £905,570.
| 16 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £540,000 | £365,570 | £905,570 |
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 | 53.970 % | £291,439 | £831,439 |
| 3 Month Average | 83.013 % | £448,269 | £988,269 |
| 6 Month Average | 79.135 % | £427,330 | £967,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £620,863 | £610,000 | 1 ARMSTRONG CLOSE |
| 1 Dec 2023 | £513,993 | £505,000 | 4 LIME CLOSE |
| 5 Sep 2023 | £531,800 | £525,000 | 4 THE PANTILES |
| 14 Apr 2023 | £192,068 | £190,000 | 14 SOUTHBOROUGH ROAD |
| 6 Jul 2022 | £406,093 | £405,000 | FLAT 3 ARDENHURST, 26 SOUTHBOROUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Pantiles |
| Feb 2024 | Other theft | Under investigation | On or near The Pantiles |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lime Close |
| Apr 2024 | Burglary | Under investigation | On or near Rushmore Close |