£261,900
This estimated value is based upon the latest sale price for the house of £190,000 on 3 Dec 2015. 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 |
|---|---|
| £190,000 | 3 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 37.843%.Applying this 37.843% change to the original purchase price of £190,000 results in an estimated price of approximately £261,900.
| 3 Dec 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.0 | 37.843 % | £190,000 | £71,900 | £261,900 |
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 | 0.550 % | £1,044 | £191,044 |
| 3 Month Average | 15.894 % | £30,198 | £220,198 |
| 6 Month Average | 13.203 % | £25,086 | £215,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £278,682 | £280,000 | 108 CHURCHDOWN |
| 23 Jan 2023 | £371,735 | £375,000 | 90 CHURCHDOWN |
| 19 Jan 2023 | £335,057 | £338,000 | 67 CHURCHDOWN |
| 15 Nov 2022 | £399,521 | £406,000 | 3 CINDERFORD WAY |
| 31 Aug 2022 | £440,027 | £443,000 | 65 OAKRIDGE ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 4 Nov 2015. Using an estimated price of £261,901 means this house is valued at £5,036 per sq meter (£467 per sq foot).
The average size of a house on RAVENSCAR ROAD is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Ravenscar Road |
| Apr 2024 | Public order | Under investigation | On or near Ravenscar Road |
| Apr 2024 | Anti-social behaviour | On or near Ravenscar Road | |
| Mar 2024 | Anti-social behaviour | On or near Ravenscar Road | |
| Mar 2024 | Anti-social behaviour | On or near Ravenscar Road |