419, DOWNHAM WAY, BROMLEY, BR1 5EW - £177,000

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.

419 DOWNHAM WAY is a very small terraced house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £404,860. It was last sold for £177,000 in November 2011, which was around 34% below the average November 2011 terraced price in the Lewisham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

419 DOWNHAM WAY Sold Prices

Land registry data shows three sales for 419 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 419 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
2011 18 NOV	£177,000	£267,209	34% below HPI
2002 15 NOV	£126,995	£172,690	26% below HPI
1998 11 SEP	£64,000	£89,717	29% below HPI

419 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 419 DOWNHAM WAY sales between September 1998 and November 2011 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 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 419 DOWNHAM WAY be worth now?

419 DOWNHAM WAY might now be worth an estimated £404,860.

This is based on house price inflation of 128.7%, between November 2011 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 128.7% inflationary increase is applied to the most recent sale price for 419 DOWNHAM WAY of £177,000 on 18th November 2011. For the value to have increased from £177,000 to £404,860 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 419 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The November 2011 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 419 DOWNHAM WAY has not materially changed since November 2011.

How Large is 419 DOWNHAM WAY?

419 DOWNHAM WAY is 68m² according to the EPC inspection conducted in November 2014. 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 419 DOWNHAM WAY lies on this distribution: 3% of terraced houses houses are smaller than 419 DOWNHAM WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in London.

419 DOWNHAM WAY: Plot and Title Map

419 DOWNHAM WAY sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 419 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 419 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 419 DOWNHAM WAY?

419 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 419 on DOWNHAM WAY.