£479,486
This estimated value is based upon the latest sale price for the house of £392,000 on 28 May 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Bexley High Street, Bexley, DA5 1AD
Phone: 01322584834
Price Paid | Date |
---|---|
£392,000 | 28 May 2020 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £392,000 results in an estimated price of approximately £479,486.
28 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £392,000 | £87,486 | £479,486 |
The Postcode Pricing Model uses changes in average sales price within the DA5 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 | 32.942 % | £129,134 | £521,134 |
3 Month Average | 43.459 % | £170,359 | £562,359 |
6 Month Average | 36.593 % | £143,446 | £535,446 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £425,440 | £420,000 | 99 MURCHISON AVENUE |
28 Jul 2023 | £547,367 | £540,000 | 100 MURCHISON AVENUE |
21 Jul 2023 | £364,911 | £360,000 | 127 MURCHISON AVENUE |
20 Jun 2023 | £420,089 | £415,000 | 110 MURCHISON AVENUE |
24 Mar 2023 | £471,946 | £467,500 | 36 WEST WOODSIDE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Feb 2020. Using an estimated price of £479,487 means this house is valued at £5,776 per sq meter (£536 per sq foot).
The average size of a house on MURCHISON AVENUE is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Drive |