£292,466
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Jul 2020. 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 |
|---|---|
| £245,000 | 27 Jul 2020 |
| £35,000 | 24 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £245,000 results in an estimated price of approximately £292,466.
| 27 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 146.7 | 19.374 % | £245,000 | £47,466 | £292,466 |
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 | 9.009 % | £22,071 | £267,071 |
| 3 Month Average | 3.452 % | £8,457 | £253,457 |
| 6 Month Average | -1.542 % | £-3,777 | £241,222 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 10 Jul 2019.
The average size of a house on LENTMEAD ROAD is 78 sq meters (849 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lincombe Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodbank Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodbank Road |