511, DOWNHAM WAY, BROMLEY, BR1 5HU - £187,000

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.

511 DOWNHAM WAY is a very small terraced house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £479,780. It was last sold for £187,000 in September 2006, which was around 22% below the average September 2006 terraced price in the Lewisham local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

511 DOWNHAM WAY Sold Prices

Land registry data shows two sales for 511 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 511 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
2006 11 SEP	£187,000	£238,222	22% below HPI
2001 7 AUG	£96,000	£139,222	31% below HPI

511 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 511 DOWNHAM WAY sales from August 2001 and September 2006 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 August 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2006 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 511 DOWNHAM WAY be worth now?

511 DOWNHAM WAY might now be worth an estimated £479,780.

This is based on house price inflation of 156.6%, between September 2006 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 156.6% inflationary increase is applied to the most recent sale price for 511 DOWNHAM WAY of £187,000 on 11th September 2006. For the value to have increased from £187,000 to £479,780 over the twenty years and four months to May 2026, the following assumptions must hold true:

• The value of 511 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The September 2006 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 511 DOWNHAM WAY has not materially changed since September 2006.

How Large is 511 DOWNHAM WAY?

511 DOWNHAM WAY is 71m² according to the EPC inspection conducted in May 2009. 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 511 DOWNHAM WAY lies on this distribution: 4% of terraced houses houses are smaller than 511 DOWNHAM WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in London.

511 DOWNHAM WAY: Plot and Title Map

511 DOWNHAM WAY sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 511 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 511 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 511 DOWNHAM WAY?

511 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 511 on DOWNHAM WAY.