582, DOWNHAM WAY, BROMLEY, BR1 5HW - £159,950

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.

582 DOWNHAM WAY is a very small terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £495,807. It was last sold for £159,950 in March 2004, which was around 19% below the average March 2004 terraced price in the Lewisham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

582 DOWNHAM WAY Sold Prices

Land registry data shows two sales for 582 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 582 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
2004 31 MAR	£159,950	£197,176	19% below HPI
1995 28 MAR	£51,000	£69,003	26% below HPI

582 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 582 DOWNHAM WAY sales from March 1995 and March 2004 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 March 1995 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2004 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 582 DOWNHAM WAY be worth now?

582 DOWNHAM WAY might now be worth an estimated £495,807.

This is based on house price inflation of 210%, between March 2004 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 210% inflationary increase is applied to the most recent sale price for 582 DOWNHAM WAY of £159,950 on 31st March 2004. For the value to have increased from £159,950 to £495,807 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 582 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The March 2004 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 582 DOWNHAM WAY has not materially changed since March 2004.

How Large is 582 DOWNHAM WAY?

582 DOWNHAM WAY is 77m² according to the EPC inspection conducted in October 2013. 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 582 DOWNHAM WAY lies on this distribution: 6% of terraced houses houses are smaller than 582 DOWNHAM WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in London.

582 DOWNHAM WAY: Plot and Title Map

582 DOWNHAM WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 582 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 582 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 582 DOWNHAM WAY?

582 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 582 on DOWNHAM WAY.