£405,686
This estimated value is based upon the latest sale price for the house of £245,000 on 8 Jul 2008. 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 |
|---|---|
| £245,000 | 8 Jul 2008 |
| £126,500 | 24 Mar 1999 |
| 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 July 2008 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.586%.Applying this 65.586% change to the original purchase price of £245,000 results in an estimated price of approximately £405,686.
| 8 Jul 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.586 % | £245,000 | £160,686 | £405,686 |
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 | 43.015 % | £105,387 | £350,387 |
| 3 Month Average | 88.937 % | £217,895 | £462,895 |
| 6 Month Average | 83.974 % | £205,737 | £450,737 |
| 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 |
| 16 Aug 2022 | £658,077 | £655,000 | 217 BURNT ASH LANE |