£463,307
This estimated value is based upon the latest sale price for the house of £375,000 on 14 Jun 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 |
---|---|
£375,000 | 14 Jun 2019 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £375,000 results in an estimated price of approximately £463,307.
14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £375,000 | £88,307 | £463,307 |
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 | 41.009 % | £153,783 | £528,783 |
3 Month Average | 18.880 % | £70,801 | £445,801 |
6 Month Average | 11.288 % | £42,329 | £417,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £558,265 | £550,000 | 93 POWSTER ROAD |
14 Sep 2023 | £389,986 | £385,000 | 1 WELBECK AVENUE |
31 Aug 2023 | £519,545 | £515,000 | 17 WELBECK AVENUE |
3 Jul 2023 | £603,117 | £595,000 | 35 CHATSWORTH AVENUE |
11 Oct 2022 | £527,322 | £533,000 | 36 WELBECK AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 23 Aug 2018. Using an estimated price of £463,308 means this house is valued at £5,864 per sq meter (£544 per sq foot).
The average size of a house on CHATSWORTH AVENUE is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Welbeck Avenue | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Welbeck Avenue |
Jan 2024 | Anti-social behaviour | On or near Welbeck Avenue | |
Jan 2024 | Anti-social behaviour | On or near Welbeck Avenue | |
Dec 2023 | Anti-social behaviour | On or near Welbeck Avenue |