£432,291
This estimated value is based upon the latest sale price for the house of £315,000 on 5 Jan 2016. 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 |
|---|---|
| £315,000 | 5 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £315,000 results in an estimated price of approximately £432,291.
| 5 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £315,000 | £117,291 | £432,291 |
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 | 6.408 % | £20,186 | £335,186 |
| 3 Month Average | 21.270 % | £67,001 | £382,001 |
| 6 Month Average | 13.121 % | £41,331 | £356,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £406,011 | £400,000 | 179 RANGEFIELD ROAD |
| 27 Nov 2023 | £406,011 | £400,000 | 185 RANGEFIELD ROAD |
| 22 Aug 2023 | £363,177 | £360,000 | 267 RANGEFIELD ROAD |
| 19 Aug 2022 | £386,958 | £388,000 | 225 RANGEFIELD ROAD |
| 26 Apr 2022 | £417,069 | £405,000 | 213 RANGEFIELD ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Aug 2015. Using an estimated price of £432,292 means this house is valued at £5,542 per sq meter (£514 per sq foot).
The average size of a house on RANGEFIELD ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bonville Road |
| Mar 2024 | Other theft | Under investigation | On or near Bonville Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bonville Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sudbury Crescent |