£605,988
This estimated value is based upon the latest sale price for the house of £485,000 on 28 Feb 2018. 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 |
|---|---|
| £485,000 | 28 Feb 2018 |
| £250,000 | 2 May 2008 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £485,000 results in an estimated price of approximately £605,988.
| 28 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £485,000 | £120,988 | £605,988 |
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 | 97.102 % | £470,943 | £955,943 |
| 3 Month Average | 19.800 % | £96,031 | £581,031 |
| 6 Month Average | 20.027 % | £97,132 | £582,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £496,008 | £490,000 | 36 WHITEBEAM AVENUE |
| 14 Apr 2023 | £530,714 | £525,000 | 64 LOVELACE AVENUE |
| 24 Feb 2023 | £529,644 | £530,000 | 11 ASH ROW |
| 25 Jul 2022 | £510,374 | £509,000 | 42 LOVELACE AVENUE |
| 7 Jul 2022 | £596,606 | £595,000 | 55 WHITEBEAM AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 11 Aug 2017. Using an estimated price of £605,988 means this house is valued at £5,459 per sq meter (£507 per sq foot).
The average size of a house on WHITEBEAM AVENUE is 96 sq meters (1,039 sq feet).