£417,812
This estimated value is based upon the latest sale price for the house of £249,000 on 19 Jun 2013. 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 |
|---|---|
| £249,000 | 19 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £249,000 results in an estimated price of approximately £417,812.
| 19 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £249,000 | £168,812 | £417,812 |
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 | 61.478 % | £153,079 | £402,079 |
| 3 Month Average | 92.467 % | £230,242 | £479,242 |
| 6 Month Average | 76.640 % | £190,833 | £439,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £393,678 | £385,000 | 1 WELBECK AVENUE |
| 31 Aug 2023 | £524,459 | £515,000 | 17 WELBECK AVENUE |
| 11 Oct 2022 | £531,226 | £533,000 | 36 WELBECK AVENUE |
| 2 Dec 2021 | £539,654 | £500,000 | 16 CHATSWORTH AVENUE |
| 15 Oct 2021 | £423,574 | £380,000 | 39 LAUNCELOT ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Feb 2013. Using an estimated price of £417,813 means this house is valued at £4,398 per sq meter (£408 per sq foot).
The average size of a house on WELBECK AVENUE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Launcelot Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Launcelot Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Launcelot Road |