£474,843
This estimated value is based upon the latest sale price for the house of £84,000 on 29 May 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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171 Burnt Ash Lane, Bromley, BR1 5DJ
Phone: 02045164746
Price Paid | Date |
---|---|
£84,000 | 29 May 1996 |
Terraced |
Freehold |
Floor Area: 136 sq meters or 1,463 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 May 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £84,000 results in an estimated price of approximately £474,843.
29 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 465.290 % | £84,000 | £390,843 | £474,843 |
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 | 363.443 % | £305,291 | £389,291 |
3 Month Average | 488.736 % | £410,538 | £494,538 |
6 Month Average | 443.423 % | £372,475 | £456,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £574,000 | £574,000 | 25 BROADLANDS ROAD |
26 Apr 2024 | £566,419 | £561,500 | 117 RIDGEWAY DRIVE |
19 Dec 2023 | £696,399 | £675,000 | 139 RIDGEWAY DRIVE |
4 Oct 2023 | £617,014 | £603,000 | 109 RIDGEWAY DRIVE |
1 Aug 2023 | £682,306 | £670,000 | 3 BRIARY GARDENS |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 20 Aug 2020. Using an estimated price of £474,843 means this house is valued at £3,491 per sq meter (£324 per sq foot).
The average size of a house on RIDGEWAY DRIVE is 110 sq meters (1,191 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Broadlands Road | |
Apr 2024 | Anti-social behaviour | On or near Broadlands Road | |
Apr 2024 | Anti-social behaviour | On or near Broadlands Road | |
Apr 2024 | Anti-social behaviour | On or near Broadlands Road |