£312,115
This estimated value is based upon the latest sale price for the house of £198,000 on 6 Jul 2007. 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 |
|---|---|
| £198,000 | 6 Jul 2007 |
| £77,995 | 23 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2007 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £198,000 results in an estimated price of approximately £312,115.
| 6 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £198,000 | £114,115 | £312,115 |
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 | 138.496 % | £274,221 | £472,221 |
| 3 Month Average | 83.883 % | £166,088 | £364,088 |
| 6 Month Average | 70.770 % | £140,124 | £338,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £371,500 | £365,000 | 7 CRANMORE ROAD |
| 18 Aug 2023 | £404,539 | £401,000 | 32 CRANMORE ROAD |
| 13 Jul 2023 | £375,048 | £370,000 | 108 WATERS ROAD |
| 26 Jun 2023 | £430,211 | £425,000 | 250 MOORSIDE ROAD |
| 14 Apr 2023 | £337,130 | £333,500 | 238 MOORSIDE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Oct 2014. Using an estimated price of £312,115 means this house is valued at £3,806 per sq meter (£353 per sq foot).
The average size of a house on MOORSIDE ROAD is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranmore Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nubia Way |
| Dec 2023 | Anti-social behaviour | On or near Nubia Way | |
| Dec 2023 | Anti-social behaviour | On or near Nubia Way | |
| Dec 2023 | Anti-social behaviour | On or near Nubia Way |