358, DOWNHAM WAY, BROMLEY, BR1 5NR - £365,000

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.

358 DOWNHAM WAY is a very small terraced house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £413,885. It was last sold for £365,000 in March 2022, which was around 32% below the average March 2022 terraced price in the Lewisham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

358 DOWNHAM WAY Sold Prices

Land registry data shows two sales for 358 DOWNHAM WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Lewisham local authority area for the corresponding sale date. Both of the two 358 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
2022 30 MAR	£365,000	£539,009	32% below HPI
2009 10 NOV	£173,000	£255,275	32% below HPI

358 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 two 358 DOWNHAM WAY sales from November 2009 and March 2022 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 November 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, which was also at 32% below the HPI.

What might 358 DOWNHAM WAY be worth now?

358 DOWNHAM WAY might now be worth an estimated £413,885.

This is based on house price inflation of 13.4%, between March 2022 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 13.4% inflationary increase is applied to the most recent sale price for 358 DOWNHAM WAY of £365,000 on 30th March 2022. For the value to have increased from £365,000 to £413,885 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 358 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The March 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 358 DOWNHAM WAY has not materially changed since March 2022.

How Large is 358 DOWNHAM WAY?

358 DOWNHAM WAY is 75m² according to the EPC inspection conducted in November 2021. 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 358 DOWNHAM WAY lies on this distribution: 5% of terraced houses houses are smaller than 358 DOWNHAM WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

358 DOWNHAM WAY: Plot and Title Map

358 DOWNHAM WAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 358 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 358 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 358 DOWNHAM WAY?

358 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 358 on DOWNHAM WAY.