£346,954
This estimated value is based upon the latest sale price for the house of £154,000 on 15 Sep 2003. 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 |
|---|---|
| £154,000 | 15 Sep 2003 |
| £125,000 | 14 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 September 2003 the House Price Index for GREATER LONDON was 65.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 125.295%.Applying this 125.295% change to the original purchase price of £154,000 results in an estimated price of approximately £346,954.
| 15 Sep 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 146.7 | 125.295 % | £154,000 | £192,954 | £346,954 |
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 | 217.671 % | £335,212 | £489,212 |
| 3 Month Average | 142.371 % | £219,250 | £373,250 |
| 6 Month Average | 120.647 % | £185,796 | £339,796 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 Nov 2019.
The average size of a house on CHURCHDOWN is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cinderford Way |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Cinderford Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bankfoot Road |
| Dec 2023 | Public order | Under investigation | On or near Bankfoot Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bankfoot Road |