£486,029
This estimated value is based upon the latest sale price for the house of £390,500 on 3 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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PO Box 353, Welling, DA7 9JB
Phone: 02034783393
| Price Paid | Date |
|---|---|
| £390,500 | 3 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £390,500 results in an estimated price of approximately £486,029.
| 3 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £390,500 | £95,529 | £486,029 |
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 | 21.467 % | £83,827 | £474,327 |
| 3 Month Average | 9.017 % | £35,209 | £425,709 |
| 6 Month Average | 13.204 % | £51,562 | £442,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £293,449 | £286,000 | 11 HARDING ROAD |
| 6 Nov 2023 | £307,814 | £300,000 | 18 HARDING ROAD |
| 31 Oct 2023 | £460,458 | £450,000 | 15 OLDFIELD ROAD |
| 19 Oct 2023 | £537,201 | £525,000 | 15 HERBERT ROAD |
| 2 Aug 2023 | £359,484 | £353,000 | 33 HUDSON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 16 Mar 2019. Using an estimated price of £486,029 means this house is valued at £4,909 per sq meter (£456 per sq foot).
The average size of a house on HERBERT ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Stanhope Road |
| Apr 2024 | Anti-social behaviour | On or near Heathside Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Heathside Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Heathside Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Heathside Avenue |