£668,117
This estimated value is based upon the latest sale price for the house of £640,000 on 29 Mar 2022. 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 |
---|---|
£640,000 | 29 Mar 2022 |
£125,000 | 4 May 1999 |
Semi-Detached |
Freehold |
Floor Area: 154 sq meters or 1,657 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £640,000 results in an estimated price of approximately £668,117.
29 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £640,000 | £28,117 | £668,117 |
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 | 47.403 % | £303,379 | £943,379 |
3 Month Average | 12.110 % | £77,504 | £717,504 |
6 Month Average | 2.245 % | £14,368 | £654,368 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2023 | £433,101 | £425,000 | 40 PALMEIRA ROAD |
6 Apr 2023 | £611,436 | £600,000 | 51 MARLBOROUGH ROAD |
28 Feb 2023 | £355,374 | £353,000 | 17 PALMEIRA ROAD |
30 Sep 2022 | £434,710 | £435,000 | 2 PALMEIRA ROAD |
16 Aug 2022 | £269,259 | £268,000 | 82 FOX HOLLOW DRIVE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 18 Aug 2020. Using an estimated price of £668,117 means this house is valued at £4,338 per sq meter (£403 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 115 sq meters (1,240 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,657 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fox Hollow Drive |