£1,262,966
This estimated value is based upon the latest sale price for the house of £825,000 on 30 Jun 2014. 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 |
|---|---|
| £825,000 | 30 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £825,000 results in an estimated price of approximately £1,262,966.
| 30 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £825,000 | £437,966 | £1,262,966 |
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 | 17.272 % | £142,495 | £967,495 |
| 3 Month Average | 48.868 % | £403,162 | £1,228,162 |
| 6 Month Average | 41.316 % | £340,858 | £1,165,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £958,127 | £940,000 | 7 ROSEMOUNT DRIVE |
| 31 Mar 2023 | £1,256,793 | £1,250,000 | 2 WYNCROFT CLOSE |
| 7 Jun 2022 | £1,666,894 | £1,650,000 | WISTERIA LODGE ST GEORGES ROAD |
| 25 Nov 2021 | £1,346,434 | £1,250,000 | MOORLANDS OLDFIELD ROAD |
| 16 Aug 2021 | £2,088,889 | £1,880,000 | 5 ST GEORGES ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 20 Aug 2016. Using an estimated price of £1,262,967 means this house is valued at £7,748 per sq meter (£719 per sq foot).
The average size of a house on WYNCROFT CLOSE is 230 sq meters (2,479 sq feet).
This house is the largest in the street with a floor area of 163 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Wyncroft Close |
| Mar 2024 | Other crime | Under investigation | On or near Wyncroft Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wyncroft Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Wyncroft Close |
| Feb 2024 | Anti-social behaviour | On or near Hawthorne Road |