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Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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589 Downham WayHouse Prices / London, Lewisham, Downham Way, BR1 5HX
Last updated May 2026
Key Building Insights
589 Downham Way is a residential building situated on Downham Way, Bromley, BR1 with 2 addresses.
It ranks as the 350th largest and 10th most expensive of the 1,180 buildings in the BR1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
589 Downham Way is a residential building situated on Downham Way, Bromley, BR1 with 2 addresses.
It ranks as the 350th largest and 10th most expensive of the 1,180 buildings in the BR1 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 589 Downham Way
Sale prices range from £146,516 for 2 bedroom leasehold flats with a garden (581 ft2) to £151,679 for 2 bedroom leasehold flats (624 ft2) .
Monthly rental prices range from £825 pcm for 2 bed flats to £848 pcm for 2 bed flats.
The gross rental yield is between 6.7% and 6.8%.
The average value per square foot is £248.
Average Sale Value
£149,097
Average Rental Value
£837 pcm
Average Rental Yield
6.7% /year
Average Value Per Sqft
£248 /ft2
Sales Market Trendsin 589 Downham Way
The last sale in 589 Downham Way sold for £145,000 on 25th November 2016. Since then prices are up an average of 2.2%.
The current average value in the building is £149,097.
The 589 Downham Way Sales Market has increased by 4.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £149,097 |
| April 2025 | 2.1% | £147,493 |
| April 2024 | -2.5% | £144,403 |
| April 2023 | 0.4% | £148,167 |
| April 2022 | 3.6% | £147,550 |
| April 2021 | 1.5% | £142,457 |
| April 2020 | 2.6% | £140,394 |
| April 2019 | -2.6% | £136,781 |
| April 2018 | -3.6% | £140,446 |
| April 2017 | 2.1% | £145,675 |
| April 2016 | 16.4% | £142,626 |
| April 2015 | 15.5% | £122,532 |
| April 2014 | 18.4% | £106,111 |
| April 2013 | 2.5% | £89,658 |
| April 2012 | 0.9% | £87,491 |
| April 2011 | 0.8% | £86,744 |
| April 2010 | 1.5% | £86,021 |
| April 2009 | -11.2% | £84,790 |
| April 2008 | 5.9% | £95,519 |
| April 2007 | 0% | £90,158 |
Rental Market Trendsin 589 Downham Way
The current average rental value in the building is £837.
The 589 Downham Way Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.2% | £837pcm |
| April 2025 | 3.3% | £796pcm |
| April 2024 | 5.4% | £770pcm |
| April 2023 | 12.6% | £731pcm |
| April 2022 | 5.3% | £649pcm |
| April 2021 | 0.7% | £616pcm |
| April 2020 | 2.9% | £612pcm |
| April 2019 | -0.8% | £595pcm |
| April 2018 | -3% | £600pcm |
| April 2017 | -1.8% | £619pcm |
| April 2016 | 7.1% | £630pcm |
| April 2015 | 8.4% | £588pcm |
| April 2014 | 4.9% | £543pcm |
| April 2013 | 3.9% | £517pcm |
| April 2012 | 4.3% | £498pcm |
| April 2011 | 4.4% | £478pcm |
| April 2010 | -2.4% | £457pcm |
| April 2009 | -3.9% | £469pcm |
| April 2008 | 7.8% | £488pcm |
| April 2007 | 0% | £452pcm |
Explore Propertiesin 589, Downham Way, Bromley, BR1 5HX
Sales Historyin 589, Downham Way, Bromley, BR1 5HX
The last sale was on 25th November 2016 for £145,000 and since then the market in the area has increased by 2.2%. The building has had a total of 2 sales since 1995.
589, Downham Way, Bromley, BR1 5HX has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 589 Downham Way
- 2 early-century flats built between 1912 and 1935
- early-century flat (2)
Energy Efficiencyof properties in 589 Downham Way
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto 589, Downham Way, Bromley, BR1 5HX
The nearest primary school to 589, Downham Way, Bromley, BR1 5HX is Haberdashers' Knights Primary which is 301 metres away.
- 301mHaberdashers' Knights Primary
- 594mLauncelot Primary School and Nursery
- 695mCooper's Lane Primary School
The nearest secondary school is Haberdashers' Knights Academy which is 388 metres away.
- 388mHaberdashers' Knights Academy
- 1.5kmBonus Pastor Catholic College
- 2.2kmConisborough College
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Public Transport Nearbyto 589, Downham Way, Bromley, BR1 5HX
The closest station to 589, Downham Way, Bromley, BR1 5HX is Grove Park station which is 200 metres away.
- 227mGrove Park
- 2.0kmSundridge Park
- 2.1kmLee (London)
- 2.3kmElmstead Woods
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