£295,797
This estimated value is based upon the latest sale price for the house of £52,000 on 29 Sep 1995. 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 |
|---|---|
| £52,000 | 29 Sep 1995 |
| Terraced |
| Freehold |
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 September 1995 the House Price Index for GREATER LONDON was 26.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 468.842%.Applying this 468.842% change to the original purchase price of £52,000 results in an estimated price of approximately £295,797.
| 29 Sep 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 148.6 | 468.842 % | £52,000 | £243,797 | £295,797 |
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 | 346.462 % | £180,160 | £232,160 |
| 3 Month Average | 413.887 % | £215,221 | £267,221 |
| 6 Month Average | 403.597 % | £209,870 | £261,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 31 Mar 2023 | £408,852 | £405,000 | 56 DURHAM HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Northover |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Northover |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northover |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Northover |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shroffold Road |