£299,209
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Mar 2007. 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 |
|---|---|
| £185,000 | 2 Mar 2007 |
| £144,950 | 26 Sep 2002 |
| £109,000 | 11 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £185,000 results in an estimated price of approximately £299,209.
| 2 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £185,000 | £114,209 | £299,209 |
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 | 172.162 % | £318,499 | £503,499 |
| 3 Month Average | 103.241 % | £190,996 | £375,996 |
| 6 Month Average | 79.330 % | £146,761 | £331,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £354,775 | £350,000 | 204 SHROFFOLD ROAD |
| 4 Apr 2023 | £454,898 | £450,000 | 5 LINCOMBE ROAD |
| 10 Feb 2023 | £424,714 | £425,000 | 137 NORTHOVER |
| 26 Aug 2022 | £403,913 | £405,000 | 114 NORTHOVER |
| 22 Aug 2022 | £378,980 | £380,000 | 2 LENTMEAD ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 23 May 2019. Using an estimated price of £299,210 means this house is valued at £3,149 per sq meter (£292 per sq foot).
The average size of a house on PENDRAGON ROAD is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lentmead Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lentmead Road |
| Jan 2024 | Other theft | 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 | Investigation complete; no suspect identified | On or near Northover |