£292,624
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Dec 2009. 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 |
|---|---|
| £170,000 | 23 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 779 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 72.132%.Applying this 72.132% change to the original purchase price of £170,000 results in an estimated price of approximately £292,624.
| 23 Dec 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.0 | 72.132 % | £170,000 | £122,624 | £292,624 |
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 | 65.651 % | £111,606 | £281,606 |
| 3 Month Average | 66.557 % | £113,147 | £283,147 |
| 6 Month Average | 69.251 % | £117,726 | £287,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £359,617 | £355,000 | 11 VANOC GARDENS |
| 17 Nov 2023 | £329,227 | £325,000 | 192 IVORYDOWN |
| 15 Jun 2023 | £297,411 | £295,000 | 97 IVORYDOWN |
| 14 Apr 2023 | £483,594 | £480,000 | 73 GARETH GROVE |
| 28 Feb 2023 | £353,329 | £355,000 | 186 IVORYDOWN |
This house has a floor area of 72 sq meters or 779 sq feet when measured on 10 Sep 2009. Using an estimated price of £292,624 means this house is valued at £4,041 per sq meter (£375 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 |
| Jan 2024 | Anti-social behaviour | On or near Riverbank Road | |
| Jan 2024 | Anti-social behaviour | On or near Riverbank Road | |
| Jan 2024 | Anti-social behaviour | On or near Riverbank Road | |
| Jan 2024 | Anti-social behaviour | On or near Riverbank Road |