£425,457
This estimated value is based upon the latest sale price for the house of £390,500 on 3 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Red House Lane
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113 Broadway, Bexleyheath, DA6 8AJ
Phone: 02081157889
| Price Paid | Date |
|---|---|
| £390,500 | 3 Nov 2021 |
| £208,000 | 27 Jul 2004 |
| £72,500 | 14 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £390,500 results in an estimated price of approximately £425,457.
| 3 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £390,500 | £34,957 | £425,457 |
The Postcode Pricing Model uses changes in average sales price within the DA6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 111.321 % | £434,707 | £825,207 |
| 3 Month Average | 55.586 % | £217,062 | £607,562 |
| 6 Month Average | 33.764 % | £131,850 | £522,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £560,000 | £560,000 | 23 SYDNEY ROAD |
| 10 Nov 2023 | £487,371 | £475,000 | 59 SYDNEY ROAD |
| 4 Nov 2021 | £552,931 | £507,500 | 25 SYDNEY ROAD |
| 3 Nov 2021 | £425,457 | £390,500 | 1 RED HOUSE LANE |
| 29 Oct 2021 | £446,536 | £400,600 | 3 RED HOUSE LANE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 25 Mar 2016. Using an estimated price of £425,457 means this house is valued at £6,974 per sq meter (£647 per sq foot).
The average size of a house on RED HOUSE LANE is 98 sq meters (1,055 sq feet).
This house is the smallest in the street with a floor area of 61 sq meters (656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Red House Lane |
| Apr 2024 | Burglary | Under investigation | On or near Red House Lane |
| Apr 2024 | Vehicle crime | Under investigation | On or near Windsor Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brunswick Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Ditton Road |