£550,939
This estimated value is based upon the latest sale price for the house of £430,000 on 23 Jun 2017. 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 |
|---|---|
| £430,000 | 23 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £430,000 results in an estimated price of approximately £550,939.
| 23 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £430,000 | £120,939 | £550,939 |
The Postcode Pricing Model uses changes in average sales price within the DA16 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 | -60.248 % | £-259,068 | £170,931 |
| 3 Month Average | -0.445 % | £-1,913 | £428,086 |
| 6 Month Average | 17.068 % | £73,392 | £503,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £464,060 | £460,000 | 152 GIPSY ROAD |
| 21 Jun 2023 | £556,744 | £550,000 | 102 SWANLEY ROAD |
| 2 Jun 2023 | £506,131 | £500,000 | 169 ELSA ROAD |
| 17 Mar 2023 | £504,755 | £500,000 | 158 GIPSY ROAD |
| 13 Jan 2023 | £537,468 | £540,000 | 11 WINCHESTER ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 23 Mar 2017. Using an estimated price of £550,940 means this house is valued at £6,406 per sq meter (£595 per sq foot).
The average size of a house on GIPSY ROAD is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Winchester Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Normanhurst Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Farnham Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Farnham Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Farnham Road |