Flat K, 237 Downham Way, Bromley, BR1 5EL is a leasehold flat built between 2003-2006. The property offers approximately 753 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £286,275 , which equates to approximately £380 per square foot. It was last sold on 10 Mar 2023 for £275,000. Since then, the value has increased by £11,275, representing a 4.1% increase, or approximately 1.5% per year.

The current estimated value of £286,275 is:

  • 29.4% lower than the average property price on Downham Way
  • 27.6% lower than the average in the BR1 5EL postcode area
  • and 52.7% lower than the average price for Bromley as a whole

At the most recent EPC inspection on 30 August 2022, the property was recorded as owner-occupied.

View sold house prices in BR1 5EL

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
753 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£286,275
Price Per sq ft (estimate)
£380
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat K, 237 Downham Way, Bromley, Lewisham, Greater London, BR1 5EL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Aug 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Oct 2008, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 10%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from sap05:main-heating to room heaters, electric, improving energy efficiency from n/a to very poor.
  • The hot water system was changed from sap05:hot-water to electric immersion, standard tariff, with its energy efficiency improving from n/a to very poor.
  • The roof construction or insulation changed from sap05:roof to pitched, insulated (assumed), improving energy efficiency from n/a to good.
  • The wall construction or insulation changed from sap05:walls to timber frame, as built, insulated (assumed), improving energy efficiency from n/a to good.
  • The windows were upgraded from sap05:windows to fully double glazed.
  • The lighting was updated from sap05:lighting to no low energy lighting, with efficiency improving from n/a to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to BR1 5EL

23 rd / 29
Price Rank
28% lower than average
14 th / 26
Size Rank
9% smaller than average
20 th / 26
Price Per Sq FT Rank
20% lower than average

Compared to other properties in BR1 5EL , this flat's estimated value ranks 23th out of 29. Based on price per square foot, it ranks 20th out of 26 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 14th out of 26 properties in its postcode area.

Sale History

Today
£286,275
streetscan.co.uk estimate
+4 %
10 Mar 2023
£275,000
Leasehold
+61.8 %
18 Oct 2013
£170,000
Leasehold
+1.5 %
10 Jan 2012
£167,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat E, 237 Downham Way, Bromley, BR1 5EL
rooms: 3
size: 667 sq ft
sale price: £275,000
sale date: 9 Aug 2023
Flat F, 237 Downham Way, Bromley, BR1 5EL
rooms: 3
size: 667 sq ft
sale price: £265,000
sale date: 24 Feb 2023
Flat H, 237 Downham Way, Bromley, BR1 5EL
rooms: 3
size: 646 sq ft
sale price: £260,000
sale date: 13 Aug 2021
Flat A, 237 Downham Way, Bromley, BR1 5EL
rooms: 3
size: 786 sq ft
sale price: £275,000
sale date: 2 Jul 2021
Flat D, 237 Downham Way, Bromley, BR1 5EL
rooms: 3
size: 689 sq ft
sale price: £255,000
sale date: 31 Mar 2016

Data Sources

The property at Flat K, 237 Downham Way, Bromley, BR1 5EL appears three times in the Land Registry records, with the latest transaction recorded on 10 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 2022. 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.
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