£342,009
This estimated value is based upon the latest sale price for the house of £295,000 on 23 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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289 Broadway, Bexleyheath, DA6 8DG
Phone: 02081280012
Price Paid | Date |
---|---|
£295,000 | 23 Nov 2020 |
£280,000 | 30 Mar 2016 |
£280,000 | 15 Dec 2015 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 744 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £295,000 results in an estimated price of approximately £342,009.
23 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £295,000 | £47,009 | £342,009 |
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 | -2.927 % | £-8,633 | £286,366 |
3 Month Average | 16.672 % | £49,183 | £344,183 |
6 Month Average | 14.346 % | £42,320 | £337,320 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £598,471 | £588,000 | 132 BLADINDON DRIVE |
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 |
7 Jul 2023 | £557,503 | £550,000 | 16 ELMWOOD DRIVE |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 15 Jun 2009. Using an estimated price of £342,009 means this house is valued at £4,942 per sq meter (£459 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 Elmwood Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bridgen Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bridgen Road |