£552,435
This estimated value is based upon the latest sale price for the house of £545,000 on 21 Jul 2023. 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 |
---|---|
£545,000 | 21 Jul 2023 |
£276,500 | 1 Dec 2010 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 July 2023 the House Price Index for GREATER LONDON was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £545,000 results in an estimated price of approximately £552,435.
21 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.6 | 148.6 | 1.364 % | £545,000 | £7,435 | £552,435 |
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 | -39.346 % | £-214,433 | £330,566 |
3 Month Average | -7.924 % | £-43,184 | £501,815 |
6 Month Average | -6.479 % | £-35,311 | £509,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £225,000 | £225,000 | 109 WYDEVILLE MANOR ROAD |
6 Dec 2023 | £393,892 | £387,000 | 143 WYDEVILLE MANOR ROAD |
30 Nov 2023 | £532,889 | £525,000 | 3 TREEWALL GARDENS |
24 Nov 2023 | £385,761 | £380,050 | 141 WYDEVILLE MANOR ROAD |
21 Jul 2023 | £552,435 | £545,000 | 18 RIDGEWAY DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 11 Sep 2020. Using an estimated price of £552,435 means this house is valued at £4,803 per sq meter (£446 per sq foot).
The average size of a house on RIDGEWAY DRIVE is 110 sq meters (1,191 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Oakbrook Close |
Feb 2024 | Vehicle crime | Under investigation | On or near Oakbrook Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakbrook Close |
Mar 2024 | Vehicle crime | Under investigation | On or near Treewall Gardens |
Feb 2024 | Burglary | Under investigation | On or near Treewall Gardens |