£1,365,819
This estimated value is based upon the latest sale price for the house of £820,000 on 19 Jun 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 |
|---|---|
| £820,000 | 19 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 255 sq meters or 2,751 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 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £820,000 results in an estimated price of approximately £1,365,819.
| 19 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £820,000 | £545,819 | £1,365,819 |
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 | 138.969 % | £1,139,547 | £1,959,547 |
| 3 Month Average | 78.246 % | £641,613 | £1,461,613 |
| 6 Month Average | 61.493 % | £504,243 | £1,324,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £513,993 | £505,000 | 4 LIME CLOSE |
| 14 Apr 2023 | £192,068 | £190,000 | 14 SOUTHBOROUGH ROAD |
| 14 Jul 2022 | £1,120,015 | £1,117,000 | 21 SOUTHBOROUGH ROAD |
| 6 Jul 2022 | £406,093 | £405,000 | FLAT 3 ARDENHURST, 26 SOUTHBOROUGH ROAD |
| 20 Jun 2022 | £299,229 | £295,000 | FLAT 4 RED HOUSE COURT HAWTHORNE ROAD |
This house has a floor area of 255 sq meters or 2,751 sq feet when measured on 30 Nov 2011. Using an estimated price of £1,365,819 means this house is valued at £5,343 per sq meter (£496 per sq foot).
The average size of a house on SOUTHBOROUGH ROAD is 165 sq meters (1,784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Lime Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armstrong Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wyncroft Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charlotte Park Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Gardens |