£388,755
This estimated value is based upon the latest sale price for the house of £325,000 on 30 Sep 2020. 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 Arcus Road
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424 Downham Way, Bromley, BR1 5HR
Phone: 02036418583
Price Paid | Date |
---|---|
£325,000 | 30 Sep 2020 |
£149,000 | 20 Jan 2004 |
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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £325,000 results in an estimated price of approximately £388,755.
30 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £325,000 | £63,755 | £388,755 |
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 | 17.979 % | £58,431 | £383,431 |
3 Month Average | 21.472 % | £69,785 | £394,785 |
6 Month Average | 9.694 % | £31,504 | £356,504 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £390,499 | £378,500 | 88 ARCUS ROAD |
28 Sep 2023 | £414,129 | £405,000 | 181 FARMFIELD ROAD |
29 Jun 2023 | £386,751 | £379,000 | 66 ARCUS ROAD |
26 Jun 2023 | £326,544 | £320,000 | 155 FARMFIELD ROAD |
13 Sep 2022 | £387,241 | £387,500 | 177 FARMFIELD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Aug 2019. Using an estimated price of £388,756 means this house is valued at £5,183 per sq meter (£481 per sq foot).
The average size of a house on ARCUS ROAD is 75 sq meters (816 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Arcus Road |
Apr 2024 | Drugs | Under investigation | On or near Arcus Road |
Apr 2024 | Other crime | Under investigation | On or near Arcus Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Arcus Road |