£542,774
This estimated value is based upon the latest sale price for the house of £440,000 on 21 Dec 2018. 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 |
---|---|
£440,000 | 21 Dec 2018 |
£340,000 | 23 Mar 2018 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £440,000 results in an estimated price of approximately £542,774.
21 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.358 % | £440,000 | £102,774 | £542,774 |
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 | 151.237 % | £665,443 | £1,105,443 |
3 Month Average | 36.898 % | £162,351 | £602,351 |
6 Month Average | 20.392 % | £89,722 | £529,722 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2022 | £550,370 | £540,000 | 19 CAPEL CLOSE |
20 Aug 2021 | £407,200 | £365,000 | 21 COTTAGE AVENUE |
30 Jun 2021 | £568,650 | £530,000 | 54 PRINCES PLAIN |
11 Sep 2020 | £474,953 | £400,000 | 30 BREWERY ROAD |
21 Aug 2020 | £312,956 | £261,000 | FLAT B 2 PRINCES PLAIN |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 17 Oct 2016. Using an estimated price of £542,775 means this house is valued at £6,958 per sq meter (£646 per sq foot).
The average size of a house on PRINCES PLAIN is 100 sq meters (1,081 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Prince'S Plain |
Apr 2024 | Anti-social behaviour | On or near Brewery Road | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brewery Road |
Apr 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 |