281, Downham Way, BR1 5EN

281 Downham Way is a 58 m² flat in Grove Park. It sold for £195,000 in Jan 2015.

Property data
Sale history
Date Paid price Annual growth After inflation
Jan 2015 £195,000 * 4.5% 2.2%
Feb 2003 £115,000 na na

*This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.

Internal area
58 square metres (624 square feet) according to latest EPC inspection
Price per internal area

This property sold for £3,362 per square metre (£312 per square foot) in Jan 2015. Indexed forward to today's value, this is roughly £4,077 per square metre (£379 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Jan 2015 £195,000 £3,362 £236,464 £4,077
Feb 2003 £115,000 £1,983 £229,940 £3,964

Calculated using the latest EPC internal area of 58 m². Earlier sale dates may not have had the same measured area available.

Valuation
The most recent sale price indexed forward to today's value is £236,464. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Grove Park are now selling for between £4,890 and £5,930 per square metre (£454 and £550 per square foot). Based on an internal area of 58 m², this implies a valuation between £284,000 and £344,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
Bedrooms
2
Type
Flat
Council tax band
B
Company ownership
Title number
TGL167806
Tenure
Leasehold/other
Title address
281 Downham Way, Bromley
Owner
CENTREPOINT SOHO (Company reference number: 1929421)
Proprietor address: Central House, 25 Camperdown Street, London E1 8DZ
Price paid on title: £195,000
Ownership record added to Land Registry's corporate ownership dataset 28 Jan 2015
Archived listings
History:
Archived sales listing for 281 Downham Way. Advertised on multiple portals. It was added on 10/03/2015. It last appeared Oct 2015.
Photos:

There are 3 archived estate agent listing photos for 281 Downham Way.

Photos for 281 Downham Way
View photos
Advertiser remarks:
  • 2 bedrooms
Social housing indicators

This property has been flagged on the basis of:

  • Listed in the 2011 NROSH social housing extract.
  • EPC tenure recorded as social rental.
  • Land Registry records the owner as Centrepoint Soho (a Regulator of Social Housing registered provider).
EPC Inspections
Summary:
19 October 2024 - energy performance certificate grade C
Reason for EPC:
Rental
Tenure:
Social rental
Property type:
2nd floor flat in an apartment block with 1 storeys , has 4 habitable rooms. Estimated year built 1983 to 1990
Area:
58 sqm (624 square foot) total internal area
Comments:
Walls: Cavity wall, as built, insulated (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.