£439,916
This estimated value is based upon the latest sale price for the house of £270,000 on 13 Mar 2007. 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 |
|---|---|
| £270,000 | 13 Mar 2007 |
| Semi-Detached |
| Freehold |
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 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £270,000 results in an estimated price of approximately £439,916.
| 13 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.932 % | £270,000 | £169,916 | £439,916 |
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 | 83.907 % | £226,548 | £496,548 |
| 3 Month Average | 119.457 % | £322,532 | £592,532 |
| 6 Month Average | 96.150 % | £259,605 | £529,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £417,839 | £405,000 | 195 RANGEFIELD ROAD |
| 29 Sep 2023 | £439,693 | £430,000 | 256 RANGEFIELD ROAD |
| 8 Jun 2023 | £989,836 | £970,000 | 18 ALEXANDRA CRESCENT |
| 29 Mar 2023 | £1,118,682 | £1,100,000 | 88 AVONDALE ROAD |
| 19 Aug 2022 | £1,175,497 | £1,170,000 | 4 ALEXANDRA CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Crescent |
| Apr 2024 | Vehicle crime | Under investigation | On or near Avondale Road |