£564,324
This estimated value is based upon the latest sale price for the house of £550,000 on 30 Nov 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 |
|---|---|
| £550,000 | 30 Nov 2023 |
| £445,000 | 7 Dec 2018 |
| £289,950 | 6 Jul 2007 |
| £212,000 | 28 Aug 2002 |
| £79,000 | 6 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £550,000 results in an estimated price of approximately £564,324.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £550,000 | £14,324 | £564,324 |
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 | 0.775 % | £4,263 | £554,263 |
| 3 Month Average | 18.975 % | £104,364 | £654,364 |
| 6 Month Average | 1.990 % | £10,943 | £560,943 |
| 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 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Feb 2017. Using an estimated price of £564,325 means this house is valued at £7,234 per sq meter (£672 per sq foot).
The average size of a house on POWSTER ROAD is 83 sq meters (901 sq feet).