£314,169
This estimated value is based upon the latest sale price for the house of £55,995 on 26 Apr 1996. 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 |
---|---|
£55,995 | 26 Apr 1996 |
Terraced |
Freehold |
Floor Area: 123 sq meters or 1,323 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 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 461.067%.Applying this 461.067% change to the original purchase price of £55,995 results in an estimated price of approximately £314,169.
26 Apr 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.0 | 461.067 % | £55,995 | £258,174 | £314,169 |
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 | 370.212 % | £207,300 | £263,295 |
3 Month Average | 425.719 % | £238,381 | £294,376 |
6 Month Average | 387.060 % | £216,734 | £272,729 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jan 2023 | £277,562 | £280,000 | 32 GARETH GROVE |
18 Mar 2022 | £371,548 | £360,000 | 94 IVORYDOWN |
14 Mar 2022 | £474,756 | £460,000 | 68 GARETH GROVE |
21 Dec 2021 | £390,541 | £366,000 | 47 GARETH GROVE |
3 Sep 2021 | £407,832 | £380,000 | 80 IVORYDOWN |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 5 Sep 2016. Using an estimated price of £314,170 means this house is valued at £2,554 per sq meter (£237 per sq foot).
The average size of a house on IVORYDOWN is 76 sq meters (819 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
Mar 2024 | Other theft | Under investigation | On or near Ivorydown |