£409,092
This estimated value is based upon the latest sale price for the house of £330,000 on 1 Aug 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 |
|---|---|
| £330,000 | 1 Aug 2019 |
| £265,000 | 3 Aug 2015 |
| £170,000 | 18 May 2012 |
| £164,500 | 3 Mar 2006 |
| £84,500 | 17 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 688 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £330,000 results in an estimated price of approximately £409,092.
| 1 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £330,000 | £79,092 | £409,092 |
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 | 18.350 % | £60,556 | £390,556 |
| 3 Month Average | 25.782 % | £85,079 | £415,079 |
| 6 Month Average | 23.371 % | £77,124 | £407,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £412,500 | £412,500 | 600 DOWNHAM WAY |
| 17 Jan 2023 | £280,750 | £280,000 | 32 GARETH GROVE |
| 18 Mar 2022 | £375,816 | £360,000 | 94 IVORYDOWN |
| 14 Mar 2022 | £480,209 | £460,000 | 68 GARETH GROVE |
| 21 Dec 2021 | £395,027 | £366,000 | 47 GARETH GROVE |
This house has a floor area of 63 sq meters or 688 sq feet when measured on 13 Apr 2010. Using an estimated price of £409,092 means this house is valued at £6,394 per sq meter (£594 per sq foot).
The average size of a house on IVORYDOWN is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ivorydown |
| Apr 2024 | Other theft | Under investigation | On or near Gareth Grove |