£861,787
This estimated value is based upon the latest sale price for the house of £535,000 on 9 Mar 2007. 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 |
|---|---|
| £535,000 | 9 Mar 2007 |
| 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 March 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 61.082%.Applying this 61.082% change to the original purchase price of £535,000 results in an estimated price of approximately £861,787.
| 9 Mar 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.0 | 61.082 % | £535,000 | £326,787 | £861,787 |
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 | 65.861 % | £352,355 | £887,355 |
| 3 Month Average | 89.419 % | £478,391 | £1,013,391 |
| 6 Month Average | 73.166 % | £391,439 | £926,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £621,763 | £610,000 | 1 ARMSTRONG CLOSE |
| 1 Dec 2023 | £514,738 | £505,000 | 4 LIME CLOSE |
| 14 Apr 2023 | £191,423 | £190,000 | 14 SOUTHBOROUGH ROAD |
| 14 Jul 2022 | £1,115,493 | £1,117,000 | 21 SOUTHBOROUGH ROAD |
| 6 Jul 2022 | £404,453 | £405,000 | FLAT 3 ARDENHURST, 26 SOUTHBOROUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near The Pantiles |
| Feb 2024 | Other theft | Under investigation | On or near The Pantiles |
| Apr 2024 | Robbery | On or near Bickley (Station) | |
| Apr 2024 | Robbery | On or near Bickley (Station) | |
| Apr 2024 | Violence and sexual offences | On or near Bickley (Station) |