£551,396
This estimated value is based upon the latest sale price for the house of £456,000 on 17 Jul 2020. 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 |
|---|---|
| £456,000 | 17 Jul 2020 |
| £125,000 | 26 Jan 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £456,000 results in an estimated price of approximately £551,396.
| 17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £456,000 | £95,396 | £551,396 |
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 | 32.865 % | £149,865 | £605,865 |
| 3 Month Average | 11.872 % | £54,138 | £510,138 |
| 6 Month Average | 7.862 % | £35,851 | £491,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £442,747 | £435,000 | 2 BRIDGE ROAD |
| 28 Sep 2023 | £524,709 | £518,000 | 18 SOMERSHAM ROAD |
| 20 Sep 2023 | £531,800 | £525,000 | 38 PERCY ROAD |
| 8 Sep 2023 | £243,108 | £240,000 | 57A OLDFIELD ROAD |
| 31 Mar 2023 | £479,518 | £475,000 | 1 BRIDGE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Jan 2020. Using an estimated price of £551,396 means this house is valued at £5,865 per sq meter (£544 per sq foot).
The average size of a house on OLDFIELD ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Somersham Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Cyril Road |
| Apr 2024 | Drugs | Under investigation | On or near Bridge Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bridge Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bridge Road |