551 Downham Way, Bromley, BR1 5HX is a freehold terraced property built between 1950-1966. The property offers approximately 689 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £365,928 , which equates to approximately £531 per square foot. It was last sold on 26 Apr 2021 for £325,000. Since then, the value has increased by £40,928, representing a 12.6% increase, or approximately 2.7% per year.

The current estimated value of £365,928 is:

  • 9.7% lower than the average property price on Downham Way
  • 12.5% lower than the average in the BR1 5HX postcode area
  • and 39.5% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 8 July 2020, the property was recorded as owner-occupied.

View sold house prices in BR1 5HX

Building approximate location

About Property

Type
Terraced House
Built
1950-1966
Interior Size
689 sq ft
Tenure
Freehold
Price (estimate)
£365,928
Price Per sq ft (estimate)
£531
Bedroom Count (estimate)
2 bedrooms

EPC Summary

551 Downham Way, Bromley, Lewisham, Greater London Authority, BR1 5HX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Jul 2020.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to BR1 5HX

14 th / 17
Price Rank
13% lower than average
10 th / 16
Size Rank
9% smaller than average
9 th / 16
Price Per Sq FT Rank
4% lower than average

Compared to other properties in BR1 5HX , this house's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 9th out of 16 properties. In terms of size, this home ranks 10th out of 16 properties in its postcode area.

Sale History

Today
£365,928
streetscan.co.uk estimate
+13 %
26 Apr 2021
£325,000
Leasehold
+85.7 %
10 Aug 2009
£175,000
Leasehold
+75 %
21 May 2003
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £315,000
sale date: 1 Jun 2018
rooms: 4
size: 667 sq ft
sale price: £185,000
sale date: 6 Jan 2012
rooms: 3
size: 657 sq ft
sale price: £199,000
sale date: 13 Jul 2007
rooms: 3
size: 646 sq ft
sale price: £183,000
sale date: 22 Nov 2006
rooms: 3
size: 592 sq ft
sale price: £150,000
sale date: 23 Jan 2004

Data Sources

The property at 551 Downham Way, Bromley, BR1 5HX appears three times in the Land Registry records, with the latest transaction recorded on 26 Apr 2021. It also has a single Energy Performance Certificate (EPC) from 8 Jul 2020. 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.