Local comparables model (V2)
How the model reaches its estimate
| Step | Value | Effect | × multiplier |
| London-wide baseline |
model average |
|
£8,111/sqm
|
|
Location
(nearby obs. £5,758/sqm
· 10 props
· 0.41 km)
|
this area |
-63%
|
×0.37
|
| Size |
— |
|
×1.72
|
| Bedrooms |
— |
|
×0.88
|
| Bathrooms |
— |
|
×0.93
|
| Property type |
Garages |
|
×0.97
|
| Garden |
unknown |
|
×0.99
|
| = Predicted £/sqm |
£4,286/sqm
range £2,966–£5,063
|
Area unknown — showing £/sqm only
Asking £10,000
Each multiplier is a SHAP value from the CatBoost model. The chain is exact:
baseline × location × property factors = predicted £/sqm.
Nearby observed rate shown as context only. Range = P10–P90 quantile models.
Please refer to auctioneer for more information Guide Price = £10,000+
**For Sale By Public Auction 24th June 2026 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack**
A Vacant Single Storey Lock Up Garage
Tenure
Leasehold. The property is held on a 99 year lease from 29th September 1960 (thus approximately 33 years unexpired).
Location
The garage is situated on a residential road close to local shops and amenities. The open spaces of South Norwood Country Park are within easy reach. Transport links are provided by Elmers End station rail station.
Description
The property comprises a single storey lock up garage
There are no internal viewings