£428,638
This estimated value is based upon the latest sale price for the house of £347,000 on 21 Feb 2019. 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 |
|---|---|
| £347,000 | 21 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £347,000 results in an estimated price of approximately £428,638.
| 21 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £347,000 | £81,638 | £428,638 |
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 | -4.814 % | £-16,704 | £330,295 |
| 3 Month Average | 14.784 % | £51,301 | £398,301 |
| 6 Month Average | 3.099 % | £10,752 | £357,752 |
| 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 74 sq meters or 796 sq feet when measured on 17 Aug 2017. Using an estimated price of £428,638 means this house is valued at £5,792 per sq meter (£538 per sq foot).
The average size of a house on WHITEFOOT LANE is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Waters Road | |
| Apr 2024 | Anti-social behaviour | On or near Waters Road | |
| Apr 2024 | Anti-social behaviour | On or near Waters Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Waters Road |
| Apr 2024 | Anti-social behaviour | On or near Waters Road |