355, DOWNHAM WAY, BROMLEY, BR1 5EW - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

355 DOWNHAM WAY is a very small terraced house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £407,221. It was last sold for £385,000 in November 2024, which was around 33% below the average November 2024 terraced price in the Lewisham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

355 DOWNHAM WAY Sold Prices

Land registry data shows three sales for 355 DOWNHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lewisham local authority area for the corresponding sale date. All of the three 355 DOWNHAM WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 15 NOV	£385,000	£577,847	33% below HPI
2013 5 JUL	£192,500	£306,147	37% below HPI
2010 29 OCT	£157,000	£265,920	41% below HPI

355 DOWNHAM WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lewisham local authority area over time, sourced from the HPI. The three 355 DOWNHAM WAY sales between October 2010 and November 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 355 DOWNHAM WAY be worth now?

355 DOWNHAM WAY might now be worth an estimated £407,221.

This is based on house price inflation of 5.8%, between November 2024 and May 2026, for terraced houses, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.8% inflationary increase is applied to the most recent sale price for 355 DOWNHAM WAY of £385,000 on 15th November 2024. For the value to have increased from £385,000 to £407,221 over the two years and six months to May 2026, the following assumptions must hold true:

• The value of 355 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The November 2024 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 355 DOWNHAM WAY has not materially changed since November 2024.

How Large is 355 DOWNHAM WAY?

355 DOWNHAM WAY is 66m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 355 DOWNHAM WAY lies on this distribution: 3% of terraced houses houses are smaller than 355 DOWNHAM WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

355 DOWNHAM WAY: Plot and Title Map

355 DOWNHAM WAY sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 355 DOWNHAM WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 355 DOWNHAM WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 355 DOWNHAM WAY?

355 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 355 on DOWNHAM WAY.