£467,444
This estimated value is based upon the latest sale price for the house of £361,000 on 7 Feb 2017. 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 |
|---|---|
| £361,000 | 7 Feb 2017 |
| £222,000 | 28 Aug 2007 |
| £94,000 | 5 Nov 1999 |
| £80,000 | 26 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.486%.Applying this 29.486% change to the original purchase price of £361,000 results in an estimated price of approximately £467,444.
| 7 Feb 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.0 | 29.486 % | £361,000 | £106,444 | £467,444 |
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 | 12.073 % | £43,582 | £404,582 |
| 3 Month Average | 6.300 % | £22,744 | £383,744 |
| 6 Month Average | -2.984 % | £-10,772 | £350,227 |
| 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 69 sq meters or 742 sq feet when measured on 13 Jan 2015. Using an estimated price of £467,445 means this house is valued at £6,774 per sq meter (£629 per sq foot).
The average size of a house on GARETH GROVE is 73 sq meters (786 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 |