£1,189,685
This estimated value is based upon the latest sale price for the house of £960,000 on 16 Jul 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 |
|---|---|
| £960,000 | 16 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £960,000 results in an estimated price of approximately £1,189,685.
| 16 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £960,000 | £229,685 | £1,189,685 |
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 | 53.935 % | £517,772 | £1,477,772 |
| 3 Month Average | 29.306 % | £281,341 | £1,241,341 |
| 6 Month Average | 7.746 % | £74,357 | £1,034,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2022 | £705,412 | £685,000 | 8 LANCASTER GARDENS |
| 31 Mar 2022 | £1,106,728 | £1,068,000 | 94 SOUTHBOROUGH ROAD |
| 4 Jun 2021 | £788,599 | £735,000 | 23 WOODSIDE ROAD |
| 17 Dec 2020 | £545,164 | £475,000 | 17 WOODSIDE ROAD |
| 16 Nov 2020 | £1,257,899 | £1,085,000 | 81 SOUTHBOROUGH ROAD |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 18 Feb 2017. Using an estimated price of £1,189,685 means this house is valued at £6,396 per sq meter (£594 per sq foot).
The average size of a house on WOODSIDE ROAD is 147 sq meters (1,589 sq feet).
This house is the largest in the street with a floor area of 186 sq meters (2,002 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodside Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Sibley Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Sibley Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield Road |
| Dec 2023 | Anti-social behaviour | On or near Salisbury Road |