£405,235
This estimated value is based upon the latest sale price for the house of £87,500 on 19 Oct 1998. 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 |
---|---|
£87,500 | 19 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 October 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.127%.Applying this 363.127% change to the original purchase price of £87,500 results in an estimated price of approximately £405,235.
19 Oct 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.127 % | £87,500 | £317,735 | £405,235 |
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 | 643.802 % | £563,326 | £650,826 |
3 Month Average | 401.269 % | £351,110 | £438,610 |
6 Month Average | 393.063 % | £343,929 | £431,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £336,989 | £332,000 | 32 PARKFIELD WAY |
16 Aug 2023 | £453,971 | £450,000 | 276 SOUTHBOROUGH LANE |
14 Aug 2023 | £489,280 | £485,000 | 27 PARKFIELD WAY |
10 Mar 2022 | £550,255 | £531,000 | 19 FONTWELL DRIVE |
22 Dec 2021 | £514,261 | £480,000 | 1 PARKFIELD WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Mar 2019. Using an estimated price of £405,236 means this house is valued at £3,554 per sq meter (£330 per sq foot).
The average size of a house on PARKFIELD WAY is 95 sq meters (1,026 sq feet).