£671,063
This estimated value is based upon the latest sale price for the house of £540,000 on 20 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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PO Box 353, Welling, DA7 9JB
Phone: 02034783393
| Price Paid | Date |
|---|---|
| £540,000 | 20 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £540,000 results in an estimated price of approximately £671,063.
| 20 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £540,000 | £131,063 | £671,063 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 36.506 % | £197,131 | £737,131 |
| 3 Month Average | 6.545 % | £35,342 | £575,342 |
| 6 Month Average | 12.942 % | £69,887 | £609,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £448,790 | £435,000 | 2 BRIDGE ROAD |
| 31 Oct 2023 | £460,458 | £450,000 | 15 OLDFIELD ROAD |
| 20 Sep 2023 | £536,834 | £525,000 | 38 PERCY ROAD |
| 8 Sep 2023 | £245,410 | £240,000 | 57A OLDFIELD ROAD |
| 22 Jun 2023 | £454,610 | £445,500 | 21 OLDFIELD ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 28 Sep 2018. Using an estimated price of £671,064 means this house is valued at £6,100 per sq meter (£566 per sq foot).
The average size of a house on BRIDGE ROAD is 175 sq meters (1,889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bridge Road |
| Apr 2024 | Drugs | Under investigation | On or near Bridge Road |
| Apr 2024 | Burglary | Under investigation | On or near Bexley Heath |
| Jul 2024 | Violence and sexual offences | On or near Bexleyheath (Station) | |
| Jul 2024 | Bicycle theft | On or near Bexleyheath (Station) |