£1,057,994
This estimated value is based upon the latest sale price for the house of £845,000 on 13 Dec 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 |
|---|---|
| £845,000 | 13 Dec 2017 |
| £395,000 | 1 May 2003 |
| 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £845,000 results in an estimated price of approximately £1,057,994.
| 13 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.0 | 25.206 % | £845,000 | £212,994 | £1,057,994 |
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 | -17.821 % | £-150,591 | £694,408 |
| 3 Month Average | 11.767 % | £99,434 | £944,434 |
| 6 Month Average | 6.586 % | £55,651 | £900,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £2,414,684 | £2,400,000 | FERMAIN BICKLEY PARK ROAD |
| 31 Mar 2023 | £1,256,793 | £1,250,000 | 2 WYNCROFT CLOSE |
| 13 Mar 2023 | £1,834,918 | £1,825,000 | 2 TWITTEN GROVE |
| 29 Jul 2022 | £1,692,713 | £1,695,000 | CHARN BROOK HAWTHORNE ROAD |
| 30 Jun 2021 | £2,110,469 | £1,975,000 | 5 TARYN GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hawthorne Road | |
| Apr 2024 | Robbery | Under investigation | On or near St Georges Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newnhams Close |
| Jan 2024 | Robbery | Under investigation | On or near Twitten Grove |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wyncroft Close |