505 Downham Way

    505, DOWNHAM WAY, BROMLEY, BR1 5HU

    This terraced freehold property on Downham Way last sold in July 2018 for £300,000. Based on price growth in the BR1 district since then, its estimated current value is £365,355 — placing it in the 62nd percentile nationally and the 25th percentile within BR1. The property covers 69 m² (743 sq ft), giving an estimated value of £5,295 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £300,000

    Jul 2018

    Estimated Valuation

    £365,355

    Est. £/sq ft

    £492/sq ft

    £5,295/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateMay 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jul 2018

    £300,000

    1 Jun 2007

    £185,000

    14 Dec 2001

    £119,500

    5 Jun 1997

    £57,500

    Key Metrics

    Estimated valuation£365,355
    Value per sq ft / m²£492/sq ft (£5,295/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BR1 district percentile25th percentile
    National percentile62nd percentile

    District Context — BR1

    BR1 covers Bromley town centre and surrounding areas in Greater London's south-east. It is an affluent, established residential district with strong professional employment and family-oriented communities.

    Average Property Price - BR1

    £536,484

    84

    National percentile

    Average Net Household Income - BR1

    £55,816

    96

    National percentile

    10-Year Annualised Price Growth - BR1

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - BR

    3.4%

    21

    National percentile

    View full analysis for BR1

    More properties in BR1

    Streets in BR1

    Explore nearby