£399,224
This estimated value is based upon the latest sale price for the house of £249,995 on 1 May 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 |
|---|---|
| £249,995 | 1 May 2007 |
| £243,500 | 23 Aug 2004 |
| £109,000 | 6 Mar 1998 |
| £87,500 | 3 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £249,995 results in an estimated price of approximately £399,224.
| 1 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £249,995 | £149,229 | £399,224 |
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 | 146.803 % | £366,998 | £616,993 |
| 3 Month Average | 92.692 % | £231,725 | £481,720 |
| 6 Month Average | 77.784 % | £194,455 | £444,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £620,863 | £610,000 | 1 ARMSTRONG CLOSE |
| 1 Dec 2023 | £513,993 | £505,000 | 4 LIME CLOSE |
| 5 Jul 2023 | £539,258 | £532,000 | FLAT 5 246 SOUTHLANDS ROAD |
| 17 Mar 2023 | £820,228 | £812,500 | 250 SOUTHLANDS ROAD |
| 17 Mar 2023 | £726,848 | £720,000 | 256 SOUTHLANDS ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 3 Aug 2020. Using an estimated price of £399,224 means this house is valued at £6,439 per sq meter (£598 per sq foot).
The average size of a house on LIME CLOSE is 82 sq meters (882 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 |
| Jan 2024 | Anti-social behaviour | On or near Rushmore Close | |
| Jan 2024 | Anti-social behaviour | On or near Rushmore Close | |
| Jan 2024 | Anti-social behaviour | On or near Rushmore Close |