FLAT K, 237, DOWNHAM WAY, BROMLEY, BR1 5EL - £275,000

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.

FLAT K 237 DOWNHAM WAY is a large flat of 70m², built sometime between 2003 and 2006, which could now be worth an estimated £278,190. It was last sold for £275,000 in March 2023, which was around 27% below the average March 2023 flat price in the Lewisham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

FLAT K 237 DOWNHAM WAY Sold Prices

Land registry data shows three sales for FLAT K 237 DOWNHAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Lewisham local authority area for the corresponding sale date. All of the three FLAT K 237 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 10 MAR	£275,000	£378,497	27% below HPI
2013 18 OCT	£170,000	£245,657	31% below HPI
2012 10 JAN	£167,500	£206,775	19% below HPI

What might FLAT K 237 DOWNHAM WAY be worth now?

FLAT K 237 DOWNHAM WAY might now be worth an estimated £278,190.

This is based on house price inflation of 1.2%, between March 2023 and May 2026, for flats, in the Lewisham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.2% inflationary increase is applied to the most recent sale price for FLAT K 237 DOWNHAM WAY of £275,000 on 10th March 2023. For the value to have increased from £275,000 to £278,190 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT K 237 DOWNHAM WAY has moved in line with the HPI for flats in the Lewisham local authority area.
• The March 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT K 237 DOWNHAM WAY has not materially changed since March 2023.

How Large is FLAT K 237 DOWNHAM WAY?

FLAT K 237 DOWNHAM WAY is 70m² according to the EPC inspection conducted in August 2022. This puts it in the largest 40% of flats in London, based on EPC data. 65% of flats are smaller than FLAT K 237 DOWNHAM WAY, and 33% of flats are larger. Note that EPC data is not available for all properties in London.

FLAT K 237 DOWNHAM WAY: Plot

FLAT K 237 DOWNHAM WAY sits on a plot of roughly 0.197 of an acre, or 799m².

Where is FLAT K 237 DOWNHAM WAY?

FLAT K, 237 DOWNHAM WAY is located in BROMLEY, in the BR1 postcode district.