£395,407
This estimated value is based upon the latest sale price for the house of £149,950 on 31 Oct 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Valeswood Road
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424 Downham Way, Bromley, BR1 5HR
Phone: 02036418583
Price Paid | Date |
---|---|
£149,950 | 31 Oct 2002 |
£125,000 | 19 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 October 2002 the House Price Index for GREATER LONDON was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £149,950 results in an estimated price of approximately £395,407.
31 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 148.6 | 163.693 % | £149,950 | £245,457 | £395,407 |
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 | 113.364 % | £169,989 | £319,939 |
3 Month Average | 150.909 % | £226,287 | £376,237 |
6 Month Average | 142.623 % | £213,863 | £363,813 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £435,569 | £430,000 | 256 RANGEFIELD ROAD |
28 Jun 2023 | £379,598 | £375,000 | 256 DOWNHAM WAY |
6 Feb 2023 | £374,748 | £375,000 | 39 VALESWOOD ROAD |
25 Aug 2022 | £403,913 | £405,000 | 21 VALESWOOD ROAD |
19 Aug 2022 | £376,985 | £378,000 | 240 DOWNHAM WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Aug 2021. Using an estimated price of £395,408 means this house is valued at £4,881 per sq meter (£453 per sq foot).
The average size of a house on VALESWOOD ROAD is 80 sq meters (869 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Valeswood Road |
Feb 2024 | Burglary | Under investigation | On or near Valeswood Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Valeswood Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rangefield Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Rangefield Road |