£399,343
This estimated value is based upon the latest sale price for the house of £370,000 on 22 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
424 Downham Way, Bromley, BR1 5HR
Phone: 02036418583
| Price Paid | Date |
|---|---|
| £370,000 | 22 Dec 2021 |
| £210,000 | 4 Aug 2008 |
| £181,000 | 4 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £370,000 results in an estimated price of approximately £399,343.
| 22 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £370,000 | £29,343 | £399,343 |
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 | -4.260 % | £-15,760 | £354,239 |
| 3 Month Average | 12.959 % | £47,946 | £417,946 |
| 6 Month Average | 4.762 % | £17,620 | £387,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £364,246 | £355,000 | 11 VANOC GARDENS |
| 17 Nov 2023 | £333,465 | £325,000 | 192 IVORYDOWN |
| 26 Sep 2023 | £411,062 | £402,000 | 3 DAGONET GARDENS |
| 18 Sep 2023 | £352,777 | £345,000 | 298 SHROFFOLD ROAD |
| 5 Sep 2023 | £367,092 | £359,000 | 146 IVORYDOWN |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Apr 2019. Using an estimated price of £399,344 means this house is valued at £5,324 per sq meter (£494 per sq foot).
The average size of a house on DOWNHAM WAY is 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Riverbank Road |
| Apr 2024 | Possession of weapons | Under investigation | On or near Vanoc Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Vanoc Gardens |