£1,353,618
This estimated value is based upon the latest sale price for the house of £925,000 on 28 Apr 2015. 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 |
---|---|
£925,000 | 28 Apr 2015 |
Detached |
Freehold |
Floor Area: 222 sq meters or 2,389 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 46.337%.Applying this 46.337% change to the original purchase price of £925,000 results in an estimated price of approximately £1,353,618.
28 Apr 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 148.0 | 46.337 % | £925,000 | £428,618 | £1,353,618 |
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 | 6.782 % | £62,730 | £987,730 |
3 Month Average | 34.873 % | £322,571 | £1,247,571 |
6 Month Average | 25.739 % | £238,081 | £1,163,081 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £450,787 | £445,000 | FLAT 4 6 PARK HILL |
14 Jun 2023 | £1,008,174 | £1,000,000 | 16A WALDEGRAVE ROAD |
12 Sep 2022 | £271,696 | £275,000 | FLAT 5 6 PARK HILL |
11 Aug 2022 | £1,110,993 | £1,118,500 | 8 RIPLEY CLOSE |
8 Aug 2022 | £471,812 | £475,000 | 47 THE FAIRWAY |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 28 Oct 2014. Using an estimated price of £1,353,618 means this house is valued at £6,097 per sq meter (£566 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 |
Apr 2024 | Anti-social behaviour | On or near Ripley Close | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Westcott Close |