£468,039
This estimated value is based upon the latest sale price for the house of £360,000 on 16 Feb 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 |
|---|---|
| £360,000 | 16 Feb 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £360,000 results in an estimated price of approximately £468,039.
| 16 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £360,000 | £108,039 | £468,039 |
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 | 48.219 % | £173,586 | £533,586 |
| 3 Month Average | 15.410 % | £55,477 | £415,477 |
| 6 Month Average | 11.131 % | £40,071 | £400,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £458,014 | £450,000 | 1 NICOLA TERRACE, 341A LONG LANE |
| 11 Jul 2023 | £329,434 | £325,000 | 28 CLARE WAY |
| 1 Mar 2023 | £248,340 | £246,000 | 20 MELANIE CLOSE |
| 13 Jan 2023 | £428,979 | £431,000 | 31 MARK CLOSE |
| 13 Jan 2023 | £437,937 | £440,000 | 13 MARK CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Dec 2015. Using an estimated price of £468,040 means this house is valued at £5,707 per sq meter (£530 per sq foot).
The average size of a house on LONG LANE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Melanie Close | |
| Jan 2024 | Anti-social behaviour | On or near Melanie Close | |
| Jan 2024 | Anti-social behaviour | On or near Melanie Close | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mark Close |
| Jan 2024 | Anti-social behaviour | On or near Ferndale Close |