£355,039
This estimated value is based upon the latest sale price for the house of £140,000 on 17 Dec 2002. 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 |
|---|---|
| £140,000 | 17 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £140,000 results in an estimated price of approximately £355,039.
| 17 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £140,000 | £215,039 | £355,039 |
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 | 246.701 % | £345,381 | £485,381 |
| 3 Month Average | 159.734 % | £223,627 | £363,627 |
| 6 Month Average | 142.978 % | £200,168 | £340,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £443,883 | £440,000 | 10 HILDENBOROUGH GARDENS |
| 29 Jun 2023 | £383,647 | £379,000 | 66 ARCUS ROAD |
| 31 Oct 2022 | £219,635 | £222,000 | 57 SWIFTSDEN WAY |
| 19 Aug 2022 | £483,698 | £485,000 | 196 FARMFIELD ROAD |
| 16 Aug 2022 | £365,117 | £366,100 | 10 ARCUS ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 24 May 2013. Using an estimated price of £355,040 means this house is valued at £5,726 per sq meter (£532 per sq foot).
The average size of a house on ARCUS ROAD is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Arcus Road | |
| Jan 2024 | Anti-social behaviour | On or near Arcus Road | |
| Jan 2024 | Anti-social behaviour | On or near Arcus Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Arcus Road |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Arcus Road |