£506,135
This estimated value is based upon the latest sale price for the house of £89,250 on 31 May 1995. 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 |
|---|---|
| £89,250 | 31 May 1995 |
| Terraced |
| Freehold |
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 1995 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.098%.Applying this 467.098% change to the original purchase price of £89,250 results in an estimated price of approximately £506,135.
| 31 May 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.098 % | £89,250 | £416,885 | £506,135 |
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 | 429.903 % | £383,688 | £472,938 |
| 3 Month Average | 523.463 % | £467,190 | £556,440 |
| 6 Month Average | 486.729 % | £434,405 | £523,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £475,000 | £475,000 | 89 POWSTER ROAD |
| 30 Nov 2023 | £564,325 | £550,000 | 93 POWSTER ROAD |
| 6 Oct 2023 | £542,317 | £530,000 | 49 POWSTER ROAD |
| 31 Aug 2022 | £492,302 | £490,000 | 22 POWSTER ROAD |
| 28 Jul 2022 | £555,567 | £550,000 | 39 POWSTER ROAD |