£237,747
This estimated value is based upon the latest sale price for the house of £157,000 on 29 Aug 2014. 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 |
---|---|
£157,000 | 29 Aug 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 499 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 August 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £157,000 results in an estimated price of approximately £237,747.
29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £157,000 | £80,747 | £237,747 |
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 | 4.815 % | £7,559 | £164,559 |
3 Month Average | 32.401 % | £50,870 | £207,870 |
6 Month Average | 33.359 % | £52,374 | £209,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £454,898 | £450,000 | 5 LINCOMBE ROAD |
16 Feb 2023 | £374,748 | £375,000 | 30 WHITEFOOT TERRACE |
10 Feb 2023 | £424,714 | £425,000 | 137 NORTHOVER |
20 Jan 2023 | £388,171 | £390,000 | 44 WOODBANK ROAD |
9 Jan 2023 | £331,439 | £333,000 | 35 WHITEFOOT TERRACE |
This house has a floor area of 46 sq meters or 499 sq feet when measured on 28 Nov 2011. Using an estimated price of £237,748 means this house is valued at £5,123 per sq meter (£476 per sq foot).
The average size of a house on LINCOMBE ROAD is 80 sq meters (866 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (499 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lincombe Road |
Apr 2024 | Public order | Under investigation | On or near Lentmead Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Lentmead Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Lentmead Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lentmead Road |