£345,586
This estimated value is based upon the latest sale price for the house of £204,000 on 2 Jul 2010. 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 |
|---|---|
| £204,000 | 2 Jul 2010 |
| £172,000 | 7 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 768 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 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.405%.Applying this 69.405% change to the original purchase price of £204,000 results in an estimated price of approximately £345,586.
| 2 Jul 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.405 % | £204,000 | £141,586 | £345,586 |
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 | 129.183 % | £263,533 | £467,533 |
| 3 Month Average | 73.821 % | £150,594 | £354,594 |
| 6 Month Average | 61.041 % | £124,523 | £328,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £410,245 | £405,000 | 181 FARMFIELD ROAD |
| 29 Jun 2023 | £383,647 | £379,000 | 66 ARCUS ROAD |
| 26 Jun 2023 | £323,924 | £320,000 | 155 FARMFIELD ROAD |
| 13 Sep 2022 | £384,396 | £387,500 | 177 FARMFIELD ROAD |
| 19 Aug 2022 | £483,698 | £485,000 | 196 FARMFIELD ROAD |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 9 Feb 2010. Using an estimated price of £345,586 means this house is valued at £4,840 per sq meter (£449 per sq foot).
The average size of a house on FARMFIELD ROAD is 75 sq meters (808 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Arcus Road | |
| Jan 2024 | Anti-social behaviour | On or near Arcus Road | |
| Jan 2024 | Anti-social behaviour | On or near Arcus Road | |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Arcus Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Arcus Road |