£447,404
This estimated value is based upon the latest sale price for the house of £370,000 on 2 Jul 2020. 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 |
|---|---|
| £370,000 | 2 Jul 2020 |
| £370,000 | 2 Jul 2020 |
| £174,000 | 20 Jun 2011 |
| £68,000 | 19 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 639 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £370,000 results in an estimated price of approximately £447,404.
| 2 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £370,000 | £77,404 | £447,404 |
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 | -33.568 % | £-124,201 | £245,798 |
| 3 Month Average | -3.584 % | £-13,259 | £356,740 |
| 6 Month Average | -4.926 % | £-18,226 | £351,773 |
| 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 |
| 27 Jun 2023 | £404,905 | £400,000 | 58 NORTHOVER |
| 31 Mar 2023 | £393,709 | £390,000 | 54 DURHAM HILL |
| 31 Mar 2023 | £408,852 | £405,000 | 56 DURHAM HILL |
This house has a floor area of 59 sq meters or 639 sq feet when measured on 23 Jun 2010. Using an estimated price of £447,405 means this house is valued at £7,532 per sq meter (£699 per sq foot).
The average size of a house on DURHAM HILL is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Northover |
| Apr 2024 | Other theft | Under investigation | On or near Northover |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Northover |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Northover |
| Apr 2024 | Vehicle crime | Under investigation | On or near Northover |