£487,192
This estimated value is based upon the latest sale price for the house of £474,500 on 26 May 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Pickford Lane, Bexleyheath, DA7 4QW
Phone: 02077681642
| Price Paid | Date |
|---|---|
| £474,500 | 26 May 2022 |
| Detached |
| Freehold |
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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £474,500 results in an estimated price of approximately £487,192.
| 26 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £474,500 | £12,692 | £487,192 |
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 | 6.768 % | £32,112 | £506,612 |
| 3 Month Average | -1.278 % | £-6,065 | £468,434 |
| 6 Month Average | -5.365 % | £-25,458 | £449,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £695,689 | £685,000 | 29 JENTON AVENUE |
| 18 Dec 2023 | £541,644 | £525,000 | 201 BRAMPTON ROAD |
| 28 Oct 2022 | £568,103 | £570,000 | 129 BRAMPTON ROAD |
| 20 Jul 2022 | £489,909 | £485,000 | 138B BRAMPTON ROAD |
| 8 Jul 2022 | £487,384 | £482,500 | 97 BRAMPTON ROAD |