£286,581
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Nov 2014. 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 |
---|---|
£190,000 | 21 Nov 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £190,000 results in an estimated price of approximately £286,581.
21 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 149.7 | 50.833 % | £190,000 | £96,581 | £286,581 |
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 | 30.042 % | £57,079 | £247,079 |
3 Month Average | 52.638 % | £100,012 | £290,012 |
6 Month Average | 41.587 % | £79,015 | £269,015 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £283,718 | £275,000 | FLAT 9 SUNDRIDGE HOUSE BURNT ASH LANE |
9 Jun 2023 | £515,327 | £505,000 | 5 AUTUMN GROVE |
18 Apr 2023 | £415,777 | £408,000 | 17 RYDER CLOSE |
17 Mar 2023 | £290,857 | £286,000 | FLAT 17 SUNDRIDGE HOUSE BURNT ASH LANE |
11 May 2022 | £590,381 | £575,000 | 35 MINSTER ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 20 Sep 2014. Using an estimated price of £286,582 means this house is valued at £4,477 per sq meter (£416 per sq foot).
The average size of a house on MILK STREET is 88 sq meters (948 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Milk Street |
Apr 2024 | Theft from the person | Under investigation | On or near Supermarket |