£846,892
This estimated value is based upon the latest sale price for the house of £695,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lake Avenue
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11 Plaistow Lane, Bromley, BR1 4DS
Phone: 02036413663
| Price Paid | Date |
|---|---|
| £695,000 | 28 Feb 2020 |
| £245,000 | 16 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £695,000 results in an estimated price of approximately £846,892.
| 28 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £695,000 | £151,892 | £846,892 |
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 | -19.348 % | £-134,465 | £560,534 |
| 3 Month Average | 3.117 % | £21,660 | £716,660 |
| 6 Month Average | 0.423 % | £2,936 | £697,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £689,191 | £685,000 | 2 FENN CLOSE |
| 2 Jun 2023 | £170,381 | £169,000 | FLAT 4 23 BURNT ASH LANE |
| 18 Apr 2023 | £184,370 | £183,000 | FLAT 4A 23 BURNT ASH LANE |
| 31 Mar 2023 | £663,587 | £660,000 | 7 FENN CLOSE |
| 28 Feb 2023 | £434,943 | £437,000 | 106 BURNT ASH LANE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 11 Jul 2018. Using an estimated price of £846,892 means this house is valued at £5,964 per sq meter (£554 per sq foot).
The average size of a house on BURNT ASH LANE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lake Avenue | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lake Avenue |
| Feb 2024 | Burglary | Under investigation | On or near Lake Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lake Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lake Avenue |