£423,805
This estimated value is based upon the latest sale price for the house of £395,000 on 29 Jun 2021. 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 |
---|---|
£395,000 | 29 Jun 2021 |
£330,000 | 12 Jul 2016 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £395,000 results in an estimated price of approximately £423,805.
29 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £395,000 | £28,805 | £423,805 |
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 | -19.585 % | £-77,360 | £317,639 |
3 Month Average | -5.101 % | £-20,149 | £374,850 |
6 Month Average | -8.614 % | £-34,024 | £360,975 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jan 2023 | £278,687 | £280,000 | 32 GARETH GROVE |
18 Mar 2022 | £373,054 | £360,000 | 94 IVORYDOWN |
14 Mar 2022 | £476,681 | £460,000 | 68 GARETH GROVE |
21 Dec 2021 | £392,124 | £366,000 | 47 GARETH GROVE |
3 Sep 2021 | £409,485 | £380,000 | 80 IVORYDOWN |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 10 May 2013. Using an estimated price of £423,805 means this house is valued at £6,727 per sq meter (£624 per sq foot).
The average size of a house on IVORYDOWN is 76 sq meters (819 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 | Other theft | 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 |