£495,882
This estimated value is based upon the latest sale price for the house of £288,000 on 15 Mar 2012. 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 |
---|---|
£288,000 | 15 Mar 2012 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,306 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £288,000 results in an estimated price of approximately £495,882.
15 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 149.7 | 72.182 % | £288,000 | £207,882 | £495,882 |
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 | 76.225 % | £219,529 | £507,529 |
3 Month Average | 104.675 % | £301,462 | £589,462 |
6 Month Average | 80.154 % | £230,843 | £518,843 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2024 | £574,000 | £574,000 | 25 BROADLANDS ROAD |
26 Apr 2024 | £566,419 | £561,500 | 117 RIDGEWAY DRIVE |
19 Dec 2023 | £696,399 | £675,000 | 139 RIDGEWAY DRIVE |
4 Oct 2023 | £617,014 | £603,000 | 109 RIDGEWAY DRIVE |
5 Jun 2023 | £497,469 | £487,500 | 24 BROADLANDS ROAD |
This house has a floor area of 121 sq meters or 1,306 sq feet when measured on 1 Oct 2011. Using an estimated price of £495,883 means this house is valued at £4,086 per sq meter (£379 per sq foot).
The average size of a house on RIDGEWAY DRIVE is 110 sq meters (1,191 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Broadlands Road | |
Apr 2024 | Anti-social behaviour | On or near Broadlands Road | |
Apr 2024 | Anti-social behaviour | On or near Broadlands Road | |
Apr 2024 | Anti-social behaviour | On or near Broadlands Road |