£561,713
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Apr 2018. 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 |
---|---|
£450,000 | 20 Apr 2018 |
£281,500 | 19 Nov 2010 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,229 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £450,000 results in an estimated price of approximately £561,713.
20 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £450,000 | £111,713 | £561,713 |
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 | 6.662 % | £29,978 | £479,978 |
3 Month Average | 3.755 % | £16,897 | £466,897 |
6 Month Average | 6.878 % | £30,950 | £480,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £458,014 | £450,000 | 1 NICOLA TERRACE, 341A LONG LANE |
13 Jan 2023 | £437,937 | £440,000 | 13 MARK CLOSE |
13 Jan 2023 | £428,979 | £431,000 | 31 MARK CLOSE |
27 Jun 2022 | £456,451 | £450,000 | 29 MARK CLOSE |
14 Dec 2021 | £578,544 | £540,000 | 2 KIPLING ROAD |
This house has a floor area of 114 sq meters or 1,229 sq feet when measured on 15 May 2010. Using an estimated price of £561,713 means this house is valued at £4,919 per sq meter (£457 per sq foot).
The average size of a house on LONG LANE is 97 sq meters (1,051 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakhurst Gardens |
Mar 2024 | Possession of weapons | Under investigation | On or near Oakhurst Gardens |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mark Close |
Apr 2024 | Other theft | Under investigation | On or near Oakhurst Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Road |