£355,868
This estimated value is based upon the latest sale price for the house of £210,000 on 26 Aug 2010. 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 |
|---|---|
| £210,000 | 26 Aug 2010 |
| £157,000 | 27 May 2010 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £210,000 results in an estimated price of approximately £355,868.
| 26 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £210,000 | £145,868 | £355,868 |
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 | 44.829 % | £94,141 | £304,141 |
| 3 Month Average | 61.646 % | £129,456 | £339,456 |
| 6 Month Average | 54.538 % | £114,529 | £324,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £181,589 | £180,000 | 7 BROOK LANE |
| 5 Jun 2023 | £349,230 | £345,000 | 36 SUDBURY CRESCENT |
| 11 Nov 2022 | £286,529 | £290,000 | 3 BROOK LANE |
| 22 Jul 2022 | £376,012 | £375,000 | 341 KEEDONWOOD ROAD |
| 16 Jun 2022 | £345,381 | £340,500 | 11 BROOK LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 26 Jul 2019. Using an estimated price of £355,868 means this house is valued at £5,311 per sq meter (£493 per sq foot).
The average size of a house on RANGEFIELD ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Sudbury Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Sudbury Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Sudbury Crescent | |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bonville Road |