£357,930
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
424 Downham Way, Bromley, BR1 5HR
Phone: 02036418583
Price Paid | Date |
---|---|
£225,000 | 21 Jan 2014 |
£63,500 | 26 Sep 1997 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.080%.Applying this 59.080% change to the original purchase price of £225,000 results in an estimated price of approximately £357,930.
21 Jan 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.0 | 59.080 % | £225,000 | £132,930 | £357,930 |
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 | 32.290 % | £72,651 | £297,651 |
3 Month Average | 53.762 % | £120,963 | £345,963 |
6 Month Average | 44.725 % | £100,632 | £325,632 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2024 | £351,186 | £350,000 | 310 REIGATE ROAD |
4 Apr 2023 | £453,370 | £450,000 | 5 LINCOMBE ROAD |
10 Feb 2023 | £422,999 | £425,000 | 137 NORTHOVER |
26 Aug 2022 | £402,282 | £405,000 | 114 NORTHOVER |
22 Aug 2022 | £377,450 | £380,000 | 2 LENTMEAD ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 13 Aug 2014. Using an estimated price of £357,931 means this house is valued at £5,965 per sq meter (£554 per sq foot).
The average size of a house on NORTHOVER is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lincombe Road |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
Apr 2024 | Other theft | Under investigation | On or near Petrol Station |