£222,119
This estimated value is based upon the latest sale price for the house of £131,500 on 20 Oct 2006. 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 |
|---|---|
| £131,500 | 20 Oct 2006 |
| £114,995 | 3 Aug 2004 |
| £57,500 | 7 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 501 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 October 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £131,500 results in an estimated price of approximately £222,119.
| 20 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £131,500 | £90,619 | £222,119 |
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 | 157.680 % | £207,349 | £338,849 |
| 3 Month Average | 104.147 % | £136,952 | £268,452 |
| 6 Month Average | 87.429 % | £114,969 | £246,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £389,986 | £385,000 | 1 WELBECK AVENUE |
| 31 Aug 2023 | £519,545 | £515,000 | 17 WELBECK AVENUE |
| 7 Jul 2023 | £466,276 | £460,000 | 91 GERAINT ROAD |
| 21 Dec 2021 | £392,124 | £366,000 | 47 GARETH GROVE |
| 24 Sep 2021 | £431,576 | £400,500 | 36 GERAINT ROAD |
This house has a floor area of 46 sq meters or 501 sq feet when measured on 8 Dec 2010. Using an estimated price of £222,120 means this house is valued at £4,766 per sq meter (£442 per sq foot).
The average size of a house on LAUNCELOT ROAD is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Launcelot Road |
| Jan 2024 | Other crime | Under investigation | On or near Launcelot Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Launcelot Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Launcelot Road |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Launcelot Road |