According to the public record, 171, Downham Way, Bromley is a modern freehold house with 710 ft2 of internal area and sits on a 165 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Downham Way, Bromley, BR1 is located in the borough of Lewisham within the BR1 postal district.
171, Downham Way, Bromley has 2 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated April 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 171 Downham Way Bromley as £361,665 and the rental value as £2,085 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 171 Downham Way Bromley has increased by £11,454 (3.2%) and its rental value has increased by £135 per month (6.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 171, Downham Way, Bromley is in very good condition we estimate a sale value of £379,748 and rental value of £2,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,348 and a rental value of £1,939 per month.
If you were able to purchase this property for the estimated value of £361,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,777 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 171, Downham Way, Bromley sits on a plot of 165m2.
We have plot size data on 17 out of 40 other houses in the postcode and 171, Downham Way, Bromley sits on the 18th largest plot.
According to HM Land Registry, 171, Downham Way, Bromley was last sold on 06 Dec 2018 for £335,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 19.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 171, Downham Way, Bromley within a radius of 460 metres over the last 2 years.
The most recent example is 3, Sissinghurst Close, Bromley, BR1 4SN, a Freehold house which sold for £375,000 in Mar 2024.
Read more about house prices in BR1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downham Way, Bromley, BR1 has a total of 641 addresses. According to our analysis of all the public data, 171, Downham Way, Bromley is the 427th largest and the 378th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in BR1.
171, Downham Way, Bromley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 171, Downham Way, Bromley is Grove Park station which is 1.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 171, Downham Way, Bromley, 39.7% of property is socially rented and 24.1% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 171, Downham Way, Bromley, 24.0% of residents are recorded as possessing school level qualifications and 31.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 171, Downham Way, Bromley, the average age was 35.2 and the most common age was 12.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 171, Downham Way, Bromley, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 171, Downham Way, Bromley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.