£279,155
This estimated value is based upon the latest sale price for the house of £149,995 on 28 Apr 2005. 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 |
|---|---|
| £149,995 | 28 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 679 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 April 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £149,995 results in an estimated price of approximately £279,155.
| 28 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £149,995 | £129,160 | £279,155 |
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 | 174.857 % | £262,277 | £412,272 |
| 3 Month Average | 116.179 % | £174,262 | £324,257 |
| 6 Month Average | 99.073 % | £148,603 | £298,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £363,177 | £360,000 | 229 SHROFFOLD ROAD |
| 27 Jun 2023 | £404,905 | £400,000 | 58 NORTHOVER |
| 1 Mar 2023 | £464,375 | £460,000 | 13 ROUNDTABLE ROAD |
| 24 Jun 2022 | £383,926 | £378,500 | 116 DURHAM HILL |
| 18 Mar 2022 | £414,505 | £400,000 | 542 DOWNHAM WAY |
This house has a floor area of 63 sq meters or 679 sq feet when measured on 12 Jul 2010. Using an estimated price of £279,156 means this house is valued at £4,420 per sq meter (£410 per sq foot).
The average size of a house on MERLIN GARDENS is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Riverbank Road | |
| Jan 2024 | Anti-social behaviour | On or near Riverbank Road | |
| Jan 2024 | Anti-social behaviour | On or near Riverbank Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Riverbank Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riverbank Road |