£355,997
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Apr 2020. 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 |
---|---|
£290,000 | 15 Apr 2020 |
£165,000 | 16 Aug 2004 |
£122,000 | 14 Jun 2002 |
£58,000 | 15 Dec 1995 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £290,000 results in an estimated price of approximately £355,997.
15 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.758 % | £290,000 | £65,997 | £355,997 |
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 | -17.342 % | £-50,292 | £239,707 |
3 Month Average | 3.075 % | £8,918 | £298,918 |
6 Month Average | -3.182 % | £-9,228 | £280,771 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £394,734 | £395,000 | 163 CAPSTONE ROAD |
26 Jan 2023 | £358,312 | £360,000 | 175 CAPSTONE ROAD |
12 Aug 2022 | £359,034 | £360,000 | 134 CAPSTONE ROAD |
12 Jul 2022 | £436,174 | £435,000 | 129 SHROFFOLD ROAD |
9 Jun 2022 | £433,121 | £427,000 | 207 MOORSIDE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 12 Mar 2019. Using an estimated price of £355,998 means this house is valued at £5,836 per sq meter (£542 per sq foot).
The average size of a house on CAPSTONE ROAD is 72 sq meters (782 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Moorside Road |
Feb 2024 | Anti-social behaviour | On or near Moorside Road | |
Feb 2024 | Anti-social behaviour | On or near Moorside Road | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Moorside Road |
Feb 2024 | Anti-social behaviour | On or near Moorside Road |