£323,160
This estimated value is based upon the latest sale price for the house of £187,500 on 18 Nov 2011. 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 |
|---|---|
| £187,500 | 18 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 820 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £187,500 results in an estimated price of approximately £323,160.
| 18 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £187,500 | £135,660 | £323,160 |
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 | 150.940 % | £283,012 | £470,512 |
| 3 Month Average | 76.779 % | £143,960 | £331,460 |
| 6 Month Average | 58.493 % | £109,675 | £297,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Dec 2023 | £580,151 | £570,000 | 2 FIVE OAKS MEWS |
| 14 Apr 2023 | £485,225 | £480,000 | 73 GARETH GROVE |
| 17 Jan 2023 | £278,687 | £280,000 | 32 GARETH GROVE |
| 18 Mar 2022 | £373,054 | £360,000 | 94 IVORYDOWN |
| 18 Mar 2022 | £414,505 | £400,000 | 542 DOWNHAM WAY |
This house has a floor area of 76 sq meters or 820 sq feet when measured on 20 Jun 2011. Using an estimated price of £323,161 means this house is valued at £4,240 per sq meter (£393 per sq foot).
The average size of a house on IVORYDOWN is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ivorydown | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ivorydown |
| Jan 2024 | Anti-social behaviour | On or near Ivorydown | |
| Jan 2024 | Anti-social behaviour | On or near Ivorydown | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ivorydown |