£329,391
This estimated value is based upon the latest sale price for the house of £204,750 on 2 May 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 |
|---|---|
| £204,750 | 2 May 2007 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £204,750 results in an estimated price of approximately £329,391.
| 2 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £204,750 | £124,641 | £329,391 |
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 | 66.771 % | £136,713 | £341,463 |
| 3 Month Average | 108.066 % | £221,264 | £426,014 |
| 6 Month Average | 94.459 % | £193,403 | £398,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £376,571 | £365,000 | 7 CRANMORE ROAD |
| 18 Aug 2023 | £408,365 | £401,000 | 32 CRANMORE ROAD |
| 26 Jun 2023 | £433,691 | £425,000 | 250 MOORSIDE ROAD |
| 14 Apr 2023 | £339,857 | £333,500 | 238 MOORSIDE ROAD |
| 17 Mar 2023 | £406,793 | £400,000 | 257 MOORSIDE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Apr 2014. Using an estimated price of £329,391 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on CRANMORE ROAD is 79 sq meters (860 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 |
| Apr 2024 | Anti-social behaviour | On or near Undershaw Road | |
| Apr 2024 | Anti-social behaviour | On or near Undershaw Road | |
| Apr 2024 | Anti-social behaviour | On or near Undershaw Road |