£644,430
This estimated value is based upon the latest sale price for the house of £380,000 on 11 Jun 2010. 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 |
|---|---|
| £380,000 | 11 Jun 2010 |
| £175,000 | 29 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,009 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 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £380,000 results in an estimated price of approximately £644,430.
| 11 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £380,000 | £264,430 | £644,430 |
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 | 124.361 % | £472,572 | £852,572 |
| 3 Month Average | 76.416 % | £290,379 | £670,379 |
| 6 Month Average | 62.423 % | £237,206 | £617,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2022 | £1,115,497 | £1,118,500 | 8 RIPLEY CLOSE |
| 8 Apr 2022 | £669,369 | £650,000 | 179 SOUTHBOROUGH LANE |
| 9 Feb 2022 | £865,173 | £825,000 | 12 CLOISTERS AVENUE |
| 26 Nov 2021 | £665,131 | £615,000 | 60 THE FAIRWAY |
| 10 Nov 2021 | £730,022 | £675,000 | 23 BROOKMEAD AVENUE |
This house has a floor area of 93 sq meters or 1,009 sq feet when measured on 21 Sep 2009. Using an estimated price of £644,431 means this house is valued at £6,869 per sq meter (£638 per sq foot).
The average size of a house on THE FAIRWAY is 111 sq meters (1,197 sq feet).
| 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 | Criminal damage and arson | Under investigation | On or near Cloisters Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookmead Avenue |