£829,333
This estimated value is based upon the latest sale price for the house of £630,000 on 23 Jan 2017. 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 |
|---|---|
| £630,000 | 23 Jan 2017 |
| £230,000 | 24 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £630,000 results in an estimated price of approximately £829,333.
| 23 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £630,000 | £199,333 | £829,333 |
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 | 34.934 % | £220,083 | £850,083 |
| 3 Month Average | 40.579 % | £255,644 | £885,644 |
| 6 Month Average | 16.426 % | £103,484 | £733,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2022 | £477,232 | £475,000 | 47 THE FAIRWAY |
| 11 Feb 2022 | £839,884 | £795,000 | 1 FAIRMEAD |
| 26 Nov 2021 | £670,055 | £615,000 | 60 THE FAIRWAY |
| 10 Nov 2021 | £735,426 | £675,000 | 23 BROOKMEAD AVENUE |
| 13 Sep 2021 | £689,336 | £635,000 | 37 BROOKMEAD AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Apr 2016. Using an estimated price of £829,333 means this house is valued at £8,293 per sq meter (£770 per sq foot).
The average size of a house on THE FAIRWAY is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Close |
| Apr 2024 | Anti-social behaviour | On or near Ripley Close | |
| Apr 2024 | Anti-social behaviour | On or near Ripley Close | |
| Apr 2024 | Anti-social behaviour | On or near Ripley Close | |
| Apr 2024 | Anti-social behaviour | On or near Ripley Close |