£1,461,275
This estimated value is based upon the latest sale price for the house of £799,950 on 8 Sep 2005. 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 |
|---|---|
| £799,950 | 8 Sep 2005 |
| 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 September 2005 the House Price Index for GREATER LONDON was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £799,950 results in an estimated price of approximately £1,461,275.
| 8 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £799,950 | £661,325 | £1,461,275 |
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 | 183.147 % | £1,465,084 | £2,265,034 |
| 3 Month Average | 118.592 % | £948,675 | £1,748,625 |
| 6 Month Average | 96.881 % | £774,997 | £1,574,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £1,261,889 | £1,250,000 | 2 WYNCROFT CLOSE |
| 14 Jul 2022 | £1,120,015 | £1,117,000 | 21 SOUTHBOROUGH ROAD |
| 20 Jun 2022 | £299,229 | £295,000 | FLAT 4 RED HOUSE COURT HAWTHORNE ROAD |
| 7 Jun 2022 | £1,673,652 | £1,650,000 | WISTERIA LODGE ST GEORGES ROAD |
| 11 Feb 2022 | £1,258,433 | £1,200,000 | 7 HAWTHORNE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wyncroft Close |
| 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 Charlotte Park Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Laurel Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oldfield Close |