396, DOWNHAM WAY, BROMLEY, BR1 5NR - £300,000

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.

396 DOWNHAM WAY is a very small terraced house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £375,138. It was last sold for £300,000 in December 2018, which was around 39% below the average December 2018 terraced price in the Lewisham local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

396 DOWNHAM WAY Sold Prices

Land registry data shows two sales for 396 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 396 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
2018 14 DEC	£300,000	£488,779	39% below HPI
2012 11 MAY	£160,000	£278,751	43% below HPI

396 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 396 DOWNHAM WAY sales from May 2012 and December 2018 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 May 2012 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2018 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 396 DOWNHAM WAY be worth now?

396 DOWNHAM WAY might now be worth an estimated £375,138.

This is based on house price inflation of 25%, between December 2018 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 25% inflationary increase is applied to the most recent sale price for 396 DOWNHAM WAY of £300,000 on 14th December 2018. For the value to have increased from £300,000 to £375,138 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 396 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The December 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 396 DOWNHAM WAY has not materially changed since December 2018.

How Large is 396 DOWNHAM WAY?

396 DOWNHAM WAY is 64m² according to the EPC inspection conducted in December 2023. 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 396 DOWNHAM WAY lies on this distribution: 2% of terraced houses houses are smaller than 396 DOWNHAM WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in London.

396 DOWNHAM WAY: Plot and Title Map

396 DOWNHAM WAY sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 396 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 396 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 396 DOWNHAM WAY?

396 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 396 on DOWNHAM WAY.