£165,863
This estimated value is based upon the latest sale price for the house of £50,020 on 20 Aug 2001. 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 |
|---|---|
| £50,020 | 20 Aug 2001 |
| 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 August 2001 the House Price Index for GREATER LONDON was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £50,020 results in an estimated price of approximately £165,863.
| 20 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £50,020 | £115,843 | £165,863 |
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 | 162.728 % | £81,396 | £131,416 |
| 3 Month Average | 201.002 % | £100,541 | £150,561 |
| 6 Month Average | 186.749 % | £93,411 | £143,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £363,177 | £360,000 | 229 SHROFFOLD ROAD |
| 27 Jun 2023 | £404,905 | £400,000 | 58 NORTHOVER |
| 24 Jun 2022 | £383,926 | £378,500 | 116 DURHAM HILL |
| 11 May 2022 | £397,999 | £390,500 | 29 NORTHOVER |
| 18 Mar 2022 | £414,505 | £400,000 | 542 DOWNHAM WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 17 Nov 2021. Using an estimated price of £165,863 means this house is valued at £2,719 per sq meter (£252 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Vanoc Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vanoc Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Vanoc Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Vanoc Gardens |
| Feb 2024 | Vehicle crime | Under investigation | On or near Vanoc Gardens |