£401,008
This estimated value is based upon the latest sale price for the house of £320,000 on 4 Jun 2018. 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 |
---|---|
£320,000 | 4 Jun 2018 |
£247,000 | 29 Apr 2014 |
£228,000 | 13 Sep 2012 |
£228,000 | 13 Sep 2012 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £320,000 results in an estimated price of approximately £401,008.
4 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £320,000 | £81,008 | £401,008 |
The Postcode Pricing Model uses changes in average sales price within the SE12 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 | 25.162 % | £80,519 | £400,519 |
3 Month Average | 20.107 % | £64,341 | £384,341 |
6 Month Average | 16.164 % | £51,723 | £371,723 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £455,031 | £445,000 | 1 CLAYBRIDGE ROAD |
3 Aug 2022 | £532,490 | £530,000 | 21 CLAYBRIDGE ROAD |
11 Jun 2021 | £419,376 | £388,000 | 4 ROSEVEARE ROAD |
18 Dec 2020 | £462,484 | £400,000 | 91 RIDDONS ROAD |
18 Dec 2020 | £448,609 | £388,000 | 6 COBLAND ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Jun 2012. Using an estimated price of £401,008 means this house is valued at £4,717 per sq meter (£438 per sq foot).
The average size of a house on CLAYBRIDGE ROAD is 98 sq meters (1,056 sq feet).