£1,347,808
This estimated value is based upon the latest sale price for the house of £791,374 on 1 Aug 2012. 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 |
|---|---|
| £791,374 | 1 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 308 sq meters or 3,317 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 August 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £791,374 results in an estimated price of approximately £1,347,808.
| 1 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £791,374 | £556,434 | £1,347,808 |
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 | 173.096 % | £1,369,839 | £2,161,213 |
| 3 Month Average | 92.141 % | £729,176 | £1,520,550 |
| 6 Month Average | 83.151 % | £658,035 | £1,449,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £609,016 | £600,000 | 12 SUNRAY AVENUE |
| 7 Sep 2023 | £344,404 | £340,000 | 218 SOUTHBOROUGH LANE |
| 4 Jul 2023 | £304,093 | £300,000 | 204 SOUTHBOROUGH LANE |
| 19 Jun 2023 | £384,659 | £380,000 | 2A MAGPIE HALL LANE |
| 2 Mar 2023 | £600,659 | £595,000 | 29 SUNRAY AVENUE |
This house has a floor area of 308 sq meters or 3,317 sq feet when measured on 4 Oct 2011. Using an estimated price of £1,347,808 means this house is valued at £4,373 per sq meter (£406 per sq foot).
The average size of a house on SOUTHBOROUGH LANE is 117 sq meters (1,266 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Cloisters Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Cloisters Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sunray Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunray Avenue |
| Feb 2024 | Drugs | Under investigation | On or near Ruskin Walk |