£276,494
This estimated value is based upon the latest sale price for the house of £275,000 on 10 Mar 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 |
|---|---|
| £275,000 | 10 Mar 2023 |
| £170,000 | 18 Oct 2013 |
| £167,500 | 10 Jan 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 0 sq meters or 0 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £275,000 results in an estimated price of approximately £276,494.
| 10 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £275,000 | £1,494 | £276,494 |
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 | -21.398 % | £-58,845 | £216,154 |
| 3 Month Average | 8.998 % | £24,745 | £299,745 |
| 6 Month Average | -2.158 % | £-5,934 | £269,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £316,068 | £315,000 | 99 GOUDHURST ROAD |
| 7 Jul 2023 | £403,820 | £400,000 | 48 GOUDHURST ROAD |
| 28 Jun 2023 | £378,065 | £375,000 | 256 DOWNHAM WAY |
| 25 Apr 2023 | £411,055 | £408,000 | 114 KEEDONWOOD ROAD |
| 10 Mar 2023 | £276,495 | £275,000 | FLAT K 237 DOWNHAM WAY |
This house has a floor area of 0 sq meters or 0 sq feet when measured on 2 Oct 2008. Using an estimated price of £276,495 means this house is valued at .
The average size of a house on DOWNHAM WAY is 73 sq meters (795 sq feet).