83, DOWNHAM WAY, BROMLEY, BR1 5NY - £442,500

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.

83 DOWNHAM WAY is a small extended terraced house of 109m², built sometime between 1930 and 1949, which could now be worth an estimated £478,582. It was last sold for £442,500 in February 2023, which was around 22% below the average February 2023 terraced price in the Lewisham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

83 DOWNHAM WAY Sold Prices

Land registry data shows three sales for 83 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 83 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
2023 2 FEB	£442,500	£565,118	22% below HPI
2015 25 SEP	£279,995	£440,311	36% below HPI
1997 3 APR	£58,000	£72,625	20% below HPI

83 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 83 DOWNHAM WAY sales between April 1997 and February 2023 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 September 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 83 DOWNHAM WAY be worth now?

83 DOWNHAM WAY might now be worth an estimated £478,582.

This is based on house price inflation of 8.2%, between February 2023 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 8.2% inflationary increase is applied to the most recent sale price for 83 DOWNHAM WAY of £442,500 on 2nd February 2023. For the value to have increased from £442,500 to £478,582 over the two years and nine months to May 2026, the following assumptions must hold true:

• The value of 83 DOWNHAM WAY has moved in line with the HPI for terraced houses in the Lewisham local authority area.
• The February 2023 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 83 DOWNHAM WAY has not materially changed since February 2023.

How Large is 83 DOWNHAM WAY?

83 DOWNHAM WAY is 109m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% 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 83 DOWNHAM WAY lies on this distribution: 25% of terraced houses houses are smaller than 83 DOWNHAM WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in London.

83 DOWNHAM WAY: Plot and Title Map

83 DOWNHAM WAY sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 83 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 83 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 83 DOWNHAM WAY?

83 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district. The below map shows the position of No. 83 on DOWNHAM WAY.