514 Downham Way, Bromley, BR1 5HP is a freehold terraced property built between 1950-1966. The property offers approximately 1,055 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £518,776 , which equates to approximately £492 per square foot. It was last sold on 9 Aug 2021 for £446,000. Since then, the value has increased by £72,776, representing a 16.3% increase, or approximately 3.8% per year.

The current estimated value of £518,776 is:

  • 28.0% higher than the average property price on Downham Way
  • 16.9% higher than the average in the BR1 5HP postcode area
  • and 14.3% lower than the average price for Bromley as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 20 April 2021, the property was recorded as owner-occupied.

View sold house prices in BR1 5HP

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
1055 sq ft
Tenure
Freehold
Price (estimate)
£518,776
Price Per sq ft (estimate)
£492
Bedroom Count (estimate)
3 bedrooms

EPC Summary

514 Downham Way, Bromley, Lewisham, Greater London, BR1 5HP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Apr 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Sep 2009. The rating of D remains the same, but the energy efficiency score improved by 8.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from average to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BR1 5HP

2 nd / 16
Price Rank
17% higher than average
2 nd / 15
Size Rank
21% bigger than average
12 th / 15
Price Per Sq FT Rank
3% lower than average

Compared to other properties in BR1 5HP , this house's estimated value ranks 2nd out of 16. Based on price per square foot, it ranks 12th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 15 properties in its postcode area.

Sale History

Today
£518,776
streetscan.co.uk estimate
+16 %
9 Aug 2021
£446,000
Leasehold
+162.4 %
23 Dec 2009
£170,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 990 sq ft
sale price: £400,000
sale date: 18 Mar 2022
rooms: 5
size: 1130 sq ft
sale price: £440,000
sale date: 13 Jul 2020
rooms: 5
size: 969 sq ft
sale price: £215,000
sale date: 4 Aug 2006
rooms: 5
size: 1173 sq ft
sale price: £442,500
sale date: 2 Feb 2023
rooms: 6
size: 1109 sq ft
sale price: £378,000
sale date: 8 Dec 2020

Data Sources

The property at 514 Downham Way, Bromley, BR1 5HP appears two times in the Land Registry records, with the latest transaction recorded on 9 Aug 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Apr 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.