£560,233
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Nov 1998. 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 |
|---|---|
| £120,000 | 23 Nov 1998 |
| Semi-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 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £120,000 results in an estimated price of approximately £560,233.
| 23 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £120,000 | £440,233 | £560,233 |
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 | 332.080 % | £398,496 | £518,496 |
| 3 Month Average | 368.356 % | £442,027 | £562,027 |
| 6 Month Average | 371.527 % | £445,832 | £565,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £330,000 | £330,000 | 5 COTTAGE AVENUE |
| 14 Dec 2023 | £541,644 | £525,000 | 28 CHURCH LANE |
| 23 Aug 2023 | £322,822 | £317,000 | FLAT 9 BARHAM COURT CHURCH LANE |
| 30 Aug 2022 | £308,442 | £307,000 | FLAT 10 BARHAM COURT CHURCH LANE |
| 28 Jan 2022 | £561,905 | £530,000 | 24 CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Apr 2024 | Anti-social behaviour | On or near Brewery Road | |
| Apr 2024 | Anti-social behaviour | On or near Brewery Road | |
| Apr 2024 | Anti-social behaviour | On or near Brewery Road | |
| Apr 2024 | Anti-social behaviour | On or near Brewery Road |