£1,598,116
This estimated value is based upon the latest sale price for the house of £1,325,000 on 26 Jun 2020. 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 |
|---|---|
| £1,325,000 | 26 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 233 sq meters or 2,507 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 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £1,325,000 results in an estimated price of approximately £1,598,116.
| 26 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.0 | 20.613 % | £1,325,000 | £273,116 | £1,598,116 |
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 | -28.260 % | £-374,441 | £950,558 |
| 3 Month Average | -2.803 % | £-37,143 | £1,287,856 |
| 6 Month Average | -5.007 % | £-66,345 | £1,258,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £1,008,174 | £1,000,000 | 16A WALDEGRAVE ROAD |
| 11 Aug 2022 | £1,110,993 | £1,118,500 | 8 RIPLEY CLOSE |
| 8 Dec 2021 | £738,933 | £692,500 | 11 SIBLEY CLOSE |
| 29 Oct 2021 | £1,316,902 | £1,195,000 | 5 CLAREMONT ROAD |
| 1 Sep 2021 | £939,086 | £875,000 | 14 HIGHFIELD ROAD |
This house has a floor area of 233 sq meters or 2,507 sq feet when measured on 8 Mar 2019. Using an estimated price of £1,598,116 means this house is valued at £6,858 per sq meter (£637 per sq foot).
The average size of a house on WALDEGRAVE ROAD is 225 sq meters (2,428 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Waldegrave Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Waldegrave Road |
| Jan 2024 | Other crime | Under investigation | On or near Waldegrave Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westcott Close |
| Apr 2024 | Anti-social behaviour | On or near Ripley Close |