£372,765
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Oct 2014. 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 |
|---|---|
| £250,000 | 20 Oct 2014 |
| £151,000 | 16 Jan 2004 |
| £72,000 | 14 May 1999 |
| £56,000 | 16 Jun 1995 |
| 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.106%.Applying this 49.106% change to the original purchase price of £250,000 results in an estimated price of approximately £372,765.
| 20 Oct 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.0 | 49.106 % | £250,000 | £122,765 | £372,765 |
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 | 5.865 % | £14,661 | £264,661 |
| 3 Month Average | 30.813 % | £77,031 | £327,031 |
| 6 Month Average | 26.093 % | £65,231 | £315,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Mar 2024 | £351,186 | £350,000 | 310 REIGATE ROAD |
| 24 Feb 2023 | £427,976 | £430,000 | 87 ROUNDTABLE ROAD |
| 26 Aug 2022 | £402,282 | £405,000 | 114 NORTHOVER |
| 1 Apr 2022 | £384,615 | £375,000 | 110 ROUNDTABLE ROAD |
| 22 Feb 2022 | £414,651 | £397,000 | 149 ROUNDTABLE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Apr 2014. Using an estimated price of £372,765 means this house is valued at £5,563 per sq meter (£516 per sq foot).
The average size of a house on ROUNDTABLE ROAD is 77 sq meters (838 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Jennifer Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jennifer Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jennifer Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jennifer Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jennifer Road |