£478,364
This estimated value is based upon the latest sale price for the house of £385,000 on 31 Jul 2019. 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 |
---|---|
£385,000 | 31 Jul 2019 |
£192,000 | 6 Jan 2006 |
£161,000 | 29 Oct 2002 |
£132,500 | 23 Nov 2001 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £385,000 results in an estimated price of approximately £478,364.
31 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £385,000 | £93,364 | £478,364 |
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 | -9.172 % | £-35,312 | £349,687 |
3 Month Average | 23.806 % | £91,654 | £476,654 |
6 Month Average | 20.984 % | £80,788 | £465,788 |
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 |
29 Apr 2022 | £287,885 | £277,500 | 36 MILK STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 May 2019. Using an estimated price of £478,364 means this house is valued at £5,199 per sq meter (£483 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 |