£367,583
This estimated value is based upon the latest sale price for the house of £229,950 on 20 Dec 2013. 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 |
|---|---|
| £229,950 | 20 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.854%.Applying this 59.854% change to the original purchase price of £229,950 results in an estimated price of approximately £367,583.
| 20 Dec 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.0 | 59.854 % | £229,950 | £137,633 | £367,583 |
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 | 19.320 % | £44,426 | £274,376 |
| 3 Month Average | 54.269 % | £124,792 | £354,742 |
| 6 Month Average | 45.533 % | £104,703 | £334,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £518,151 | £515,000 | 17 WELBECK AVENUE |
| 24 Feb 2023 | £353,329 | £355,000 | 19 GERAINT ROAD |
| 21 Dec 2021 | £390,541 | £366,000 | 47 GARETH GROVE |
| 24 Sep 2021 | £429,833 | £400,500 | 36 GERAINT ROAD |
| 7 Sep 2020 | £434,010 | £367,000 | 107 LAUNCELOT ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 3 Jul 2013. Using an estimated price of £367,584 means this house is valued at £4,482 per sq meter (£416 per sq foot).
The average size of a house on LAUNCELOT ROAD is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Launcelot Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Launcelot Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Launcelot Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Launcelot Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Launcelot Road |