£422,999
This estimated value is based upon the latest sale price for the house of £425,000 on 10 Feb 2023. 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 |
|---|---|
| £425,000 | 10 Feb 2023 |
| £332,500 | 9 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.471%.Applying this -0.471% change to the original purchase price of £425,000 results in an estimated price of approximately £422,999.
| 10 Feb 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 148.0 | -0.471 % | £425,000 | £-2,000 | £422,999 |
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 | 19.193 % | £81,570 | £506,570 |
| 3 Month Average | 11.491 % | £48,838 | £473,838 |
| 6 Month Average | -8.427 % | £-35,815 | £389,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £353,342 | £350,000 | 204 SHROFFOLD ROAD |
| 4 Apr 2023 | £453,370 | £450,000 | 5 LINCOMBE ROAD |
| 10 Feb 2023 | £422,999 | £425,000 | 137 NORTHOVER |
| 20 Jan 2023 | £386,604 | £390,000 | 44 WOODBANK ROAD |
| 26 Aug 2022 | £402,282 | £405,000 | 114 NORTHOVER |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 4 Aug 2020. Using an estimated price of £422,999 means this house is valued at £5,565 per sq meter (£517 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 | Vehicle crime | Under investigation | On or near Lentmead Road |
| Apr 2024 | Public order | Under investigation | On or near Lentmead Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lentmead Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lentmead Road |