£348,216
This estimated value is based upon the latest sale price for the house of £155,500 on 3 Oct 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 |
|---|---|
| £155,500 | 3 Oct 2003 |
| £59,999 | 22 Dec 1997 |
| 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £155,500 results in an estimated price of approximately £348,216.
| 3 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £155,500 | £192,716 | £348,216 |
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 | 96.443 % | £149,969 | £305,469 |
| 3 Month Average | 127.220 % | £197,826 | £353,326 |
| 6 Month Average | 112.707 % | £175,258 | £330,758 |
| 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 78 sq meters or 839 sq feet when measured on 18 Aug 2014. Using an estimated price of £348,216 means this house is valued at £4,464 per sq meter (£414 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 | Anti-social behaviour | On or near Sudbury Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Sudbury Crescent | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Sudbury Crescent |
| Apr 2024 | Anti-social behaviour | On or near Sudbury Crescent | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sudbury Crescent |