£417,068
This estimated value is based upon the latest sale price for the house of £405,000 on 26 Apr 2022. 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 |
|---|---|
| £405,000 | 26 Apr 2022 |
| £190,000 | 21 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £405,000 results in an estimated price of approximately £417,068.
| 26 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £405,000 | £12,068 | £417,068 |
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 | 90.151 % | £365,113 | £770,113 |
| 3 Month Average | 2.227 % | £9,020 | £414,020 |
| 6 Month Average | -3.872 % | £-15,683 | £389,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £406,011 | £400,000 | 185 RANGEFIELD ROAD |
| 27 Nov 2023 | £406,011 | £400,000 | 179 RANGEFIELD ROAD |
| 29 Sep 2023 | £435,569 | £430,000 | 256 RANGEFIELD ROAD |
| 22 Aug 2023 | £363,177 | £360,000 | 267 RANGEFIELD ROAD |
| 11 Jul 2023 | £354,775 | £350,000 | 2 PONTEFRACT ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Aug 2014. Using an estimated price of £417,069 means this house is valued at £5,560 per sq meter (£516 per sq foot).
The average size of a house on RANGEFIELD ROAD is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Boyland Road | |
| Jan 2024 | Anti-social behaviour | On or near Boyland Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Boyland Road |
| Jan 2024 | Anti-social behaviour | On or near Boyland Road | |
| Dec 2023 | Drugs | Local resolution | On or near Boyland Road |