£614,316
This estimated value is based upon the latest sale price for the house of £124,500 on 27 Oct 1997. 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 |
|---|---|
| £124,500 | 27 Oct 1997 |
| Semi-Detached |
| Freehold |
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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 393.427%.Applying this 393.427% change to the original purchase price of £124,500 results in an estimated price of approximately £614,316.
| 27 Oct 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.0 | 393.427 % | £124,500 | £489,816 | £614,316 |
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 | 325.704 % | £405,501 | £530,001 |
| 3 Month Average | 390.789 % | £486,532 | £611,032 |
| 6 Month Average | 360.745 % | £449,127 | £573,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2022 | £1,110,993 | £1,118,500 | 8 RIPLEY CLOSE |
| 8 Aug 2022 | £471,812 | £475,000 | 47 THE FAIRWAY |
| 8 Apr 2022 | £666,667 | £650,000 | 179 SOUTHBOROUGH LANE |
| 9 Feb 2022 | £861,680 | £825,000 | 12 CLOISTERS AVENUE |
| 26 Nov 2021 | £662,445 | £615,000 | 60 THE FAIRWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near The Fairway | |
| Jan 2024 | Anti-social behaviour | On or near The Fairway | |
| Jan 2024 | Anti-social behaviour | On or near The Fairway | |
| Jan 2024 | Anti-social behaviour | On or near The Fairway | |
| Apr 2024 | Anti-social behaviour | On or near Ripley Close |