£746,935
This estimated value is based upon the latest sale price for the house of £700,000 on 3 Dec 2021. 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 |
|---|---|
| £700,000 | 3 Dec 2021 |
| £512,000 | 8 Aug 2014 |
| £335,000 | 30 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £700,000 results in an estimated price of approximately £746,935.
| 3 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £700,000 | £46,935 | £746,935 |
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 | -13.654 % | £-95,579 | £604,420 |
| 3 Month Average | -2.502 % | £-17,516 | £682,483 |
| 6 Month Average | -7.513 % | £-52,593 | £647,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £442,692 | £440,000 | 10 HILDENBOROUGH GARDENS |
| 14 Apr 2023 | £488,632 | £485,000 | 109 AVONDALE ROAD |
| 12 Apr 2023 | £624,643 | £620,000 | 74 ALEXANDRA CRESCENT |
| 29 Mar 2023 | £1,105,978 | £1,100,000 | 88 AVONDALE ROAD |
| 30 Jan 2023 | £426,256 | £430,000 | 50 ALEXANDRA CRESCENT |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 13 May 2014. Using an estimated price of £746,936 means this house is valued at £4,393 per sq meter (£408 per sq foot).
The average size of a house on ALEXANDRA CRESCENT is 148 sq meters (1,602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hildenborough Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hildenborough Gardens |
| Mar 2024 | Anti-social behaviour | On or near Hildenborough Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Hildenborough Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Hildenborough Gardens |