£306,891
This estimated value is based upon the latest sale price for the house of £192,000 on 28 Jun 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 |
|---|---|
| £192,000 | 28 Jun 2007 |
| £173,500 | 17 May 2006 |
| £115,000 | 12 Jul 2002 |
| £69,000 | 20 Nov 1998 |
| £52,000 | 12 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 639 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 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £192,000 results in an estimated price of approximately £306,891.
| 28 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £192,000 | £114,891 | £306,891 |
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 | 67.646 % | £129,880 | £321,880 |
| 3 Month Average | 101.924 % | £195,694 | £387,694 |
| 6 Month Average | 92.724 % | £178,030 | £370,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £333,465 | £325,000 | 192 IVORYDOWN |
| 5 Sep 2023 | £367,092 | £359,000 | 146 IVORYDOWN |
| 15 Jun 2023 | £301,033 | £295,000 | 97 IVORYDOWN |
| 14 Apr 2023 | £489,149 | £480,000 | 73 GARETH GROVE |
| 31 Mar 2023 | £279,671 | £275,000 | 277 DOWNHAM WAY |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 16 Dec 2011. Using an estimated price of £306,891 means this house is valued at £5,166 per sq meter (£479 per sq foot).
The average size of a house on IVORYDOWN is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Gareth Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Riverbank Road |