£298,473
This estimated value is based upon the latest sale price for the house of £176,000 on 30 Jun 2010. 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 |
|---|---|
| £176,000 | 30 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 664 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 June 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £176,000 results in an estimated price of approximately £298,473.
| 30 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £176,000 | £122,473 | £298,473 |
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 | 124.361 % | £218,875 | £394,875 |
| 3 Month Average | 76.416 % | £134,491 | £310,491 |
| 6 Month Average | 62.423 % | £109,863 | £285,863 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £354,775 | £350,000 | 204 SHROFFOLD ROAD |
| 4 Apr 2023 | £454,898 | £450,000 | 5 LINCOMBE ROAD |
| 10 Feb 2023 | £424,714 | £425,000 | 137 NORTHOVER |
| 27 Jan 2023 | £403,101 | £405,000 | 196 SHROFFOLD ROAD |
| 20 Jan 2023 | £388,171 | £390,000 | 44 WOODBANK ROAD |
This house has a floor area of 61 sq meters or 664 sq feet when measured on 7 Jan 2010. Using an estimated price of £298,473 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on LENTMEAD ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lentmead Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lentmead Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodbank Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Woodbank Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lincombe Road |