£1,049,688
This estimated value is based upon the latest sale price for the house of £186,000 on 29 Mar 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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252 Southborough Lane, Bickley, BR2 8AS
Phone: 02080221707
| Price Paid | Date |
|---|---|
| £186,000 | 29 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 245 sq meters or 2,643 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 March 1996 the House Price Index for GREATER LONDON was 26.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 464.349%.Applying this 464.349% change to the original purchase price of £186,000 results in an estimated price of approximately £1,049,688.
| 29 Mar 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 148.6 | 464.349 % | £186,000 | £863,688 | £1,049,688 |
The Postcode Pricing Model uses changes in average sales price within the BR2 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 | 895.847 % | £1,666,275 | £1,852,275 |
| 3 Month Average | 504.956 % | £939,218 | £1,125,218 |
| 6 Month Average | 479.595 % | £892,046 | £1,078,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £791,721 | £780,000 | 71 BLACKBROOK LANE |
| 21 Nov 2023 | £1,116,530 | £1,100,000 | 63 BLACKBROOK LANE |
| 7 Sep 2023 | £926,851 | £915,000 | 18 HOMEMEAD ROAD |
| 1 Mar 2023 | £1,261,889 | £1,250,000 | 67 BLACKBROOK LANE |
| 27 Jan 2023 | £796,249 | £800,000 | 14 HOMEMEAD ROAD |
This house has a floor area of 245 sq meters or 2,643 sq feet when measured on 18 Jan 2012. Using an estimated price of £1,049,689 means this house is valued at £4,274 per sq meter (£397 per sq foot).
The average size of a house on BLACKBROOK LANE is 135 sq meters (1,456 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southborough Lane |
| Jan 2024 | Other theft | Under investigation | On or near Southborough Lane |