£322,776
This estimated value is based upon the latest sale price for the house of £130,500 on 31 Jan 2003. 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 |
---|---|
£130,500 | 31 Jan 2003 |
Terraced |
Freehold |
Floor Area: 36 sq meters or 387 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £130,500 results in an estimated price of approximately £322,776.
31 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 148.6 | 147.338 % | £130,500 | £192,276 | £322,776 |
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 | 103.656 % | £135,270 | £265,770 |
3 Month Average | 138.633 % | £180,915 | £311,415 |
6 Month Average | 130.264 % | £169,994 | £300,494 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £386,767 | £380,000 | 31 LAMEROCK ROAD |
7 Nov 2023 | £441,537 | £435,000 | 58 MOORSIDE ROAD |
3 Nov 2023 | £390,786 | £385,000 | 94 MOORSIDE ROAD |
1 Nov 2023 | £352,468 | £347,250 | 71 CAPSTONE ROAD |
20 Jul 2023 | £390,252 | £385,000 | 21 MOORSIDE ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 24 Apr 2013. Using an estimated price of £322,777 means this house is valued at £8,966 per sq meter (£832 per sq foot).
The average size of a house on CAPSTONE ROAD is 72 sq meters (782 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Capstone Road | |
Mar 2024 | Anti-social behaviour | On or near Capstone Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Capstone Road |
Feb 2024 | Anti-social behaviour | On or near Capstone Road | |
Feb 2024 | Other theft | Under investigation | On or near Capstone Road |