£379,600
This estimated value is based upon the latest sale price for the house of £372,500 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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424 Downham Way, Bromley, BR1 5HR
Phone: 02036418583
Price Paid | Date |
---|---|
£372,500 | 28 Apr 2023 |
£145,000 | 29 Jan 2004 |
£97,000 | 30 Jul 2001 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 671 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 April 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £372,500 results in an estimated price of approximately £379,600.
28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 149.7 | 1.906 % | £372,500 | £7,100 | £379,600 |
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 | -0.100 % | £-371 | £372,128 |
3 Month Average | 19.168 % | £71,401 | £443,901 |
6 Month Average | 10.862 % | £40,461 | £412,961 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £392,047 | £380,000 | 31 LAMEROCK ROAD |
22 Sep 2023 | £347,664 | £340,000 | 91 DURHAM HILL |
22 Jun 2023 | £377,566 | £370,000 | 24 DURHAM HILL |
28 Apr 2023 | £379,600 | £372,500 | 106 DURHAM HILL |
31 Mar 2023 | £411,878 | £405,000 | 56 DURHAM HILL |
This house has a floor area of 62 sq meters or 671 sq feet when measured on 9 Nov 2008. Using an estimated price of £379,600 means this house is valued at £6,087 per sq meter (£565 per sq foot).
The average size of a house on DURHAM HILL is 73 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Durham Hill |
Apr 2024 | Anti-social behaviour | On or near Lamerock Road | |
Apr 2024 | Anti-social behaviour | On or near Lamerock Road | |
Apr 2024 | Anti-social behaviour | On or near Lamerock Road | |
Apr 2024 | Anti-social behaviour | On or near Lamerock Road |