£384,337
This estimated value is based upon the latest sale price for the house of £312,500 on 3 Sep 2018. 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 |
|---|---|
| £312,500 | 3 Sep 2018 |
| £184,500 | 29 Jul 2011 |
| £165,000 | 11 Jul 2006 |
| £76,500 | 16 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,004 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 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £312,500 results in an estimated price of approximately £384,337.
| 3 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £312,500 | £71,837 | £384,337 |
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 | -11.988 % | £-37,463 | £275,036 |
| 3 Month Average | 13.425 % | £41,954 | £354,454 |
| 6 Month Average | 5.021 % | £15,691 | £328,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £483,594 | £480,000 | 73 GARETH GROVE |
| 17 Jan 2023 | £277,562 | £280,000 | 32 GARETH GROVE |
| 18 Mar 2022 | £371,548 | £360,000 | 94 IVORYDOWN |
| 14 Mar 2022 | £474,756 | £460,000 | 68 GARETH GROVE |
| 21 Dec 2021 | £390,541 | £366,000 | 47 GARETH GROVE |
This house has a floor area of 93 sq meters or 1,004 sq feet when measured on 21 Apr 2011. Using an estimated price of £384,337 means this house is valued at £4,119 per sq meter (£382 per sq foot).
The average size of a house on GARETH GROVE is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Gareth Grove |
| Mar 2024 | Anti-social behaviour | On or near Gareth Grove | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gareth Grove |
| Mar 2024 | Other theft | Under investigation | On or near Gareth Grove |
| Mar 2024 | Possession of weapons | Under investigation | On or near Gareth Grove |