£449,316
This estimated value is based upon the latest sale price for the house of £317,000 on 2 Oct 2015. 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 |
---|---|
£317,000 | 2 Oct 2015 |
£133,000 | 20 Mar 2003 |
£76,500 | 29 Jul 1999 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £317,000 results in an estimated price of approximately £449,316.
2 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £317,000 | £132,316 | £449,316 |
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 | 0.695 % | £2,203 | £319,203 |
3 Month Average | 30.552 % | £96,849 | £413,849 |
6 Month Average | 27.638 % | £87,612 | £404,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £286,267 | £279,000 | 7 GITTENS CLOSE |
20 Oct 2023 | £347,902 | £340,000 | 157 CAPSTONE ROAD |
8 Sep 2023 | £449,918 | £440,000 | 21 GITTENS CLOSE |
17 Feb 2023 | £397,656 | £395,000 | 163 CAPSTONE ROAD |
26 Jan 2023 | £360,964 | £360,000 | 175 CAPSTONE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Jul 2015. Using an estimated price of £449,317 means this house is valued at £6,807 per sq meter (£632 per sq foot).
The average size of a house on CAPSTONE ROAD is 72 sq meters (782 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Gittens Close | |
Apr 2024 | Anti-social behaviour | On or near Gittens Close | |
Apr 2024 | Anti-social behaviour | On or near Gittens Close | |
Apr 2024 | Anti-social behaviour | On or near Gittens Close | |
Apr 2024 | Anti-social behaviour | On or near Gittens Close |