£298,046
This estimated value is based upon the latest sale price for the house of £190,000 on 17 Apr 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 |
|---|---|
| £190,000 | 17 Apr 2014 |
| £124,500 | 25 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2014 the House Price Index for GREATER LONDON was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £190,000 results in an estimated price of approximately £298,046.
| 17 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £190,000 | £108,046 | £298,046 |
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 | 48.142 % | £91,469 | £281,469 |
| 3 Month Average | 76.146 % | £144,676 | £334,676 |
| 6 Month Average | 62.709 % | £119,147 | £309,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £426,201 | £422,500 | 103 MOORSIDE ROAD |
| 7 Dec 2023 | £392,047 | £380,000 | 31 LAMEROCK ROAD |
| 7 Nov 2023 | £446,330 | £435,000 | 58 MOORSIDE ROAD |
| 3 Nov 2023 | £395,027 | £385,000 | 94 MOORSIDE ROAD |
| 1 Nov 2023 | £356,294 | £347,250 | 71 CAPSTONE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 4 Nov 2014. Using an estimated price of £298,047 means this house is valued at £4,807 per sq meter (£446 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 Capstone Road | |
| Apr 2024 | Anti-social behaviour | On or near Capstone Road | |
| Apr 2024 | Anti-social behaviour | On or near Capstone Road | |
| Apr 2024 | Anti-social behaviour | On or near Capstone Road |