£426,638
This estimated value is based upon the latest sale price for the house of £248,000 on 24 Mar 2011. 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 |
|---|---|
| £248,000 | 24 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 833 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 March 2011 the House Price Index for GREATER LONDON was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £248,000 results in an estimated price of approximately £426,638.
| 24 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £248,000 | £178,638 | £426,638 |
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 | 122.041 % | £302,661 | £550,661 |
| 3 Month Average | 81.481 % | £202,072 | £450,072 |
| 6 Month Average | 73.489 % | £182,252 | £430,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £508,904 | £500,000 | 94 PICKFORD LANE |
| 21 Aug 2023 | £706,178 | £700,000 | 97 PICKFORD LANE |
| 28 Apr 2023 | £505,442 | £500,000 | 47 ORCHARD CLOSE |
| 29 Mar 2023 | £504,755 | £500,000 | 23 ORCHARD CLOSE |
| 15 Mar 2023 | £479,518 | £475,000 | 51 ORCHARD CLOSE |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 20 Sep 2010. Using an estimated price of £426,639 means this house is valued at £5,506 per sq meter (£511 per sq foot).
The average size of a house on PICKFORD LANE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Bowford Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pickford Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Pickford Lane |
| Jan 2024 | Burglary | Under investigation | On or near Orchard Close |
| Mar 2024 | Other theft | Under investigation | On or near Hamilton Road |