£335,753
This estimated value is based upon the latest sale price for the house of £107,500 on 14 Jan 2002. 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 |
---|---|
£107,500 | 14 Jan 2002 |
£72,000 | 30 Sep 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 January 2002 the House Price Index for GREATER LONDON was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £107,500 results in an estimated price of approximately £335,753.
14 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £107,500 | £228,253 | £335,753 |
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 | 405.622 % | £436,043 | £543,543 |
3 Month Average | 229.602 % | £246,822 | £354,322 |
6 Month Average | 210.711 % | £226,514 | £334,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2022 | £463,752 | £465,000 | 2 SHELL CLOSE |
1 Jun 2022 | £522,382 | £515,000 | 19 NARROW WAY |
6 May 2022 | £472,911 | £464,000 | 2 NARROW WAY |
30 Nov 2021 | £346,084 | £320,000 | 174 MAGPIE HALL LANE |
12 Oct 2020 | £340,194 | £290,000 | 8 MOSUL WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Sep 2020. Using an estimated price of £335,754 means this house is valued at £4,796 per sq meter (£445 per sq foot).
The average size of a house on MAGPIE HALL CLOSE is 80 sq meters (870 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Magpie Hall Close |
Mar 2024 | Anti-social behaviour | On or near Magpie Hall Close |