£662,445
This estimated value is based upon the latest sale price for the house of £615,000 on 26 Nov 2021. 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 |
|---|---|
| £615,000 | 26 Nov 2021 |
| £565,000 | 16 Jan 2019 |
| £145,000 | 18 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 141 sq meters or 1,517 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £615,000 results in an estimated price of approximately £662,445.
| 26 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £615,000 | £47,445 | £662,445 |
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 | -34.182 % | £-210,219 | £404,780 |
| 3 Month Average | -4.795 % | £-29,491 | £585,508 |
| 6 Month Average | -11.218 % | £-68,987 | £546,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £653,977 | £650,000 | 24 BROOKMEAD AVENUE |
| 11 Aug 2022 | £1,110,993 | £1,118,500 | 8 RIPLEY CLOSE |
| 8 Aug 2022 | £471,812 | £475,000 | 47 THE FAIRWAY |
| 11 Feb 2022 | £830,346 | £795,000 | 1 FAIRMEAD |
| 26 Nov 2021 | £662,445 | £615,000 | 60 THE FAIRWAY |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 20 Jun 2018. Using an estimated price of £662,445 means this house is valued at £4,698 per sq meter (£436 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 | Anti-social behaviour | On or near The Fairway | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brookmead Avenue |