£369,904
This estimated value is based upon the latest sale price for the house of £235,000 on 24 Mar 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 |
|---|---|
| £235,000 | 24 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £235,000 results in an estimated price of approximately £369,904.
| 24 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £235,000 | £134,904 | £369,904 |
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 | 112.697 % | £264,838 | £499,838 |
| 3 Month Average | 62.593 % | £147,094 | £382,094 |
| 6 Month Average | 48.803 % | £114,686 | £349,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £363,650 | £359,000 | 146 IVORYDOWN |
| 15 Jun 2023 | £298,617 | £295,000 | 97 IVORYDOWN |
| 14 Apr 2023 | £485,225 | £480,000 | 73 GARETH GROVE |
| 31 Mar 2023 | £277,615 | £275,000 | 277 DOWNHAM WAY |
| 28 Feb 2023 | £354,761 | £355,000 | 186 IVORYDOWN |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 9 Nov 2013. Using an estimated price of £369,905 means this house is valued at £5,604 per sq meter (£520 per sq foot).
The average size of a house on IVORYDOWN is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Gareth Grove |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gareth Grove |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gareth Grove |
| Jan 2024 | Anti-social behaviour | On or near Ivorydown | |
| Jan 2024 | Anti-social behaviour | On or near Ivorydown |