£314,993
This estimated value is based upon the latest sale price for the house of £255,000 on 8 Feb 2019. 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 |
|---|---|
| £255,000 | 8 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £255,000 results in an estimated price of approximately £314,993.
| 8 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £255,000 | £59,993 | £314,993 |
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 | -4.814 % | £-12,275 | £242,724 |
| 3 Month Average | 14.784 % | £37,699 | £292,699 |
| 6 Month Average | 3.099 % | £7,901 | £262,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £390,786 | £385,000 | 44 CHURCHDOWN |
| 9 Jun 2023 | £359,353 | £355,000 | 47 KEEDONWOOD ROAD |
| 17 Feb 2023 | £279,812 | £280,000 | 108 CHURCHDOWN |
| 23 Jan 2023 | £373,242 | £375,000 | 90 CHURCHDOWN |
| 19 Jan 2023 | £336,415 | £338,000 | 67 CHURCHDOWN |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Dec 2018. Using an estimated price of £314,993 means this house is valued at £4,090 per sq meter (£380 per sq foot).
The average size of a house on BANKFOOT ROAD is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bankfoot Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bankfoot Road |
| Apr 2024 | Public order | Under investigation | On or near Bankfoot Road |
| Apr 2024 | Public order | Under investigation | On or near Bankfoot Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Bankfoot Road |