£2,054,851
This estimated value is based upon the latest sale price for the house of £1,250,000 on 16 Sep 2013. 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 |
|---|---|
| £1,250,000 | 16 Sep 2013 |
| £1,195,000 | 31 Mar 2006 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,891 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £1,250,000 results in an estimated price of approximately £2,054,851.
| 16 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £1,250,000 | £804,851 | £2,054,851 |
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 | 113.400 % | £1,417,501 | £2,667,501 |
| 3 Month Average | 66.956 % | £836,943 | £2,086,943 |
| 6 Month Average | 55.478 % | £693,480 | £1,943,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £451,687 | £445,000 | FLAT 4 6 PARK HILL |
| 17 Feb 2023 | £642,068 | £642,500 | 9A PARK HILL |
| 12 Sep 2022 | £272,797 | £275,000 | FLAT 5 6 PARK HILL |
| 14 Jul 2022 | £1,120,015 | £1,117,000 | 21 SOUTHBOROUGH ROAD |
| 20 Jun 2022 | £299,229 | £295,000 | FLAT 4 RED HOUSE COURT HAWTHORNE ROAD |
This house has a floor area of 175 sq meters or 1,891 sq feet when measured on 16 Mar 2012. Using an estimated price of £2,054,852 means this house is valued at £11,695 per sq meter (£1,086 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lime Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wyncroft Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Southborough Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Close |