£557,853
This estimated value is based upon the latest sale price for the house of £450,000 on 21 Aug 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 |
|---|---|
| £450,000 | 21 Aug 2019 |
| £330,000 | 24 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £450,000 results in an estimated price of approximately £557,853.
| 21 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £450,000 | £107,853 | £557,853 |
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 | 34.373 % | £154,680 | £604,680 |
| 3 Month Average | 28.807 % | £129,633 | £579,633 |
| 6 Month Average | 15.295 % | £68,826 | £518,826 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £399,269 | £387,000 | 143 WYDEVILLE MANOR ROAD |
| 24 Nov 2023 | £389,948 | £380,050 | 141 WYDEVILLE MANOR ROAD |
| 14 Sep 2023 | £393,678 | £385,000 | 1 WELBECK AVENUE |
| 31 Aug 2023 | £524,459 | £515,000 | 17 WELBECK AVENUE |
| 2 Jun 2023 | £330,452 | £323,830 | FLAT 1 BALMORAL COURT, 371 BARING ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 13 May 2019. Using an estimated price of £557,853 means this house is valued at £6,339 per sq meter (£588 per sq foot).
The average size of a house on BARING ROAD is 87 sq meters (937 sq feet).