£379,217
This estimated value is based upon the latest sale price for the house of £365,000 on 10 Jan 2022. 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 |
|---|---|
| £365,000 | 10 Jan 2022 |
| £68,350 | 17 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £365,000 results in an estimated price of approximately £379,217.
| 10 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 146.7 | 3.895 % | £365,000 | £14,217 | £379,217 |
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 | 118.245 % | £431,594 | £796,594 |
| 3 Month Average | 7.444 % | £27,170 | £392,170 |
| 6 Month Average | -1.663 % | £-6,068 | £358,931 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 10 May 2018.
The average size of a house on GITTENS CLOSE is 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Gittens Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Durham Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shroffold Road |
| Jan 2024 | Burglary | Under investigation | On or near Shroffold Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shroffold Road |