£402,083
This estimated value is based upon the latest sale price for the house of £70,000 on 31 Aug 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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252 Southborough Lane, Bickley, BR2 8AS
Phone: 02080221707
Price Paid | Date |
---|---|
£70,000 | 31 Aug 1995 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 August 1995 the House Price Index for GREATER LONDON was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 474.405%.Applying this 474.405% change to the original purchase price of £70,000 results in an estimated price of approximately £402,083.
31 Aug 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.1 | 149.7 | 474.405 % | £70,000 | £332,083 | £402,083 |
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 | 431.583 % | £302,108 | £372,108 |
3 Month Average | 450.809 % | £315,566 | £385,566 |
6 Month Average | 445.282 % | £311,697 | £381,697 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £629,674 | £620,000 | 252 SOUTHBOROUGH LANE |
20 Dec 2023 | £555,056 | £538,000 | 25 HOLMCROFT WAY |
17 Nov 2023 | £340,647 | £332,000 | 32 PARKFIELD WAY |
16 Aug 2023 | £458,265 | £450,000 | 276 SOUTHBOROUGH LANE |
23 Jun 2023 | £336,748 | £330,000 | 239 SOUTHBOROUGH LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Jul 2015. Using an estimated price of £402,084 means this house is valued at £5,433 per sq meter (£504 per sq foot).
The average size of a house on HOLBROOK WAY is 96 sq meters (1,033 sq feet).
This house is the smallest in the street with a floor area of 74 sq meters (796 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Holbrook Way |
Apr 2024 | Other crime | Under investigation | On or near Holbrook Way |