£299,496
This estimated value is based upon the latest sale price for the house of £189,995 on 20 Jul 2007. 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 |
---|---|
£189,995 | 20 Jul 2007 |
£50,490 | 30 Jul 2001 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 July 2007 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £189,995 results in an estimated price of approximately £299,496.
20 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £189,995 | £109,501 | £299,496 |
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 | 45.344 % | £86,150 | £276,145 |
3 Month Average | 71.377 % | £135,613 | £325,608 |
6 Month Average | 64.900 % | £123,307 | £313,302 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £386,767 | £380,000 | 31 LAMEROCK ROAD |
22 Sep 2023 | £344,404 | £340,000 | 91 DURHAM HILL |
6 Jul 2023 | £354,775 | £350,000 | 204 SHROFFOLD ROAD |
22 Jun 2023 | £374,537 | £370,000 | 24 DURHAM HILL |
28 Apr 2023 | £376,554 | £372,500 | 106 DURHAM HILL |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 11 Sep 2021. Using an estimated price of £299,497 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on DURHAM HILL is 73 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Durham Hill |
Apr 2024 | Anti-social behaviour | On or near Lamerock Road | |
Feb 2024 | Public order | Under investigation | On or near Lamerock Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Lamerock Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lamerock Road |