£442,222
This estimated value is based upon the latest sale price for the house of £210,000 on 22 Mar 2004. 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 |
---|---|
£210,000 | 22 Mar 2004 |
£138,000 | 21 Jul 2000 |
£103,000 | 25 Jun 1999 |
Terraced |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £210,000 results in an estimated price of approximately £442,222.
22 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 149.7 | 110.582 % | £210,000 | £232,222 | £442,222 |
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 | 121.047 % | £254,198 | £464,198 |
3 Month Average | 164.608 % | £345,676 | £555,676 |
6 Month Average | 141.855 % | £297,895 | £507,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £450,226 | £440,000 | 209 WHITEFOOT LANE |
17 Feb 2023 | £360,408 | £358,000 | 16 WHITEFOOT TERRACE |
16 Feb 2023 | £377,522 | £375,000 | 30 WHITEFOOT TERRACE |
6 Jan 2023 | £451,206 | £450,000 | 386 WHITEFOOT LANE |
25 Oct 2022 | £478,402 | £480,000 | 237 WHITEFOOT LANE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 20 Jun 2018. Using an estimated price of £442,223 means this house is valued at £3,747 per sq meter (£348 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 Whitefoot Terrace | |
Apr 2024 | Anti-social behaviour | On or near Whitefoot Terrace | |
Apr 2024 | Anti-social behaviour | On or near Whitefoot Terrace | |
Apr 2024 | Anti-social behaviour | On or near Whitefoot Terrace |