£405,252
This estimated value is based upon the latest sale price for the house of £259,995 on 10 Jan 2008. 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 |
|---|---|
| £259,995 | 10 Jan 2008 |
| £89,995 | 26 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £259,995 results in an estimated price of approximately £405,252.
| 10 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £259,995 | £145,257 | £405,252 |
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 | 154.979 % | £402,937 | £662,932 |
| 3 Month Average | 78.271 % | £203,501 | £463,496 |
| 6 Month Average | 62.850 % | £163,407 | £423,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £459,180 | £453,000 | 44 HILLCREST ROAD |
| 24 Mar 2023 | £519,898 | £515,000 | 76 HILLCREST ROAD |
| 26 Jul 2022 | £452,217 | £451,000 | 31 HILLCREST ROAD |
| 12 May 2022 | £431,633 | £423,500 | 18 HILLCREST ROAD |
| 25 Feb 2022 | £458,279 | £437,000 | 50A HILLCREST ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 21 May 2020. Using an estimated price of £405,253 means this house is valued at £4,265 per sq meter (£396 per sq foot).
The average size of a house on HILLCREST ROAD is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |
| Jan 2024 | Anti-social behaviour | On or near Hillcrest Road | |
| Jan 2024 | Anti-social behaviour | On or near Hillcrest Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillcrest Road |