£402,173
This estimated value is based upon the latest sale price for the house of £400,000 on 17 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 |
---|---|
£400,000 | 17 Mar 2023 |
£168,500 | 19 Jan 2009 |
£154,000 | 10 Oct 2008 |
£167,000 | 8 Dec 2005 |
£62,592 | 29 May 1998 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 £400,000 results in an estimated price of approximately £402,173.
17 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.0 | 0.543 % | £400,000 | £2,173 | £402,173 |
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 % | £-85,593 | £314,406 |
3 Month Average | 8.998 % | £35,993 | £435,993 |
6 Month Average | -2.158 % | £-8,632 | £391,367 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £372,039 | £365,000 | 7 CRANMORE ROAD |
18 Aug 2023 | £403,453 | £401,000 | 32 CRANMORE ROAD |
13 Jul 2023 | £373,533 | £370,000 | 108 WATERS ROAD |
26 Jun 2023 | £428,474 | £425,000 | 250 MOORSIDE ROAD |
14 Apr 2023 | £335,997 | £333,500 | 238 MOORSIDE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 2 Apr 2014. Using an estimated price of £402,174 means this house is valued at £5,027 per sq meter (£467 per sq foot).
The average size of a house on MOORSIDE ROAD is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Under investigation | On or near Cranmore Road |
Apr 2024 | Other theft | Under investigation | On or near Cranmore Road |
Mar 2024 | Drugs | Under investigation | On or near Cranmore Road |
Mar 2024 | Drugs | Under investigation | On or near Cranmore Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Cranmore Road |