£396,945
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Oct 2019. 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 |
|---|---|
| £325,000 | 4 Oct 2019 |
| £225,000 | 18 Mar 2014 |
| £165,500 | 24 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £325,000 results in an estimated price of approximately £396,945.
| 4 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £325,000 | £71,945 | £396,945 |
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 | 2.470 % | £8,027 | £333,027 |
| 3 Month Average | 11.688 % | £37,987 | £362,987 |
| 6 Month Average | 2.240 % | £7,279 | £332,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £412,810 | £405,000 | 195 RANGEFIELD ROAD |
| 27 Nov 2023 | £405,202 | £400,000 | 185 RANGEFIELD ROAD |
| 27 Nov 2023 | £405,202 | £400,000 | 179 RANGEFIELD ROAD |
| 22 Aug 2023 | £362,203 | £360,000 | 267 RANGEFIELD ROAD |
| 11 Jul 2023 | £353,342 | £350,000 | 2 PONTEFRACT ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 26 May 2014. Using an estimated price of £396,946 means this house is valued at £6,300 per sq meter (£585 per sq foot).
The average size of a house on RANGEFIELD ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bonville Road |
| Mar 2024 | Other theft | Under investigation | On or near Bonville Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Bonville Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Boyland Road |
| Apr 2024 | Anti-social behaviour | On or near Boyland Road |