£508,524
This estimated value is based upon the latest sale price for the house of £395,000 on 27 Apr 2017. 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 |
---|---|
£395,000 | 27 Apr 2017 |
£373,000 | 6 Jun 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.740%.Applying this 28.740% change to the original purchase price of £395,000 results in an estimated price of approximately £508,524.
27 Apr 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.0 | 28.740 % | £395,000 | £113,524 | £508,524 |
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 | -18.463 % | £-72,930 | £322,069 |
3 Month Average | 11.449 % | £45,223 | £440,223 |
6 Month Average | 3.490 % | £13,786 | £408,786 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £329,227 | £325,000 | 192 IVORYDOWN |
15 Jun 2023 | £297,411 | £295,000 | 97 IVORYDOWN |
14 Apr 2023 | £483,594 | £480,000 | 73 GARETH GROVE |
31 Mar 2023 | £276,495 | £275,000 | 277 DOWNHAM WAY |
28 Feb 2023 | £353,329 | £355,000 | 186 IVORYDOWN |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 10 Jul 2009. Using an estimated price of £508,525 means this house is valued at £6,519 per sq meter (£605 per sq foot).
The average size of a house on IVORYDOWN is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Gareth Grove |
Mar 2024 | Possession of weapons | Under investigation | On or near Gareth Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Gareth Grove |
Mar 2024 | Anti-social behaviour | On or near Gareth Grove | |
Mar 2024 | Other theft | Under investigation | On or near Gareth Grove |