£505,402
This estimated value is based upon the latest sale price for the house of £379,600 on 16 Aug 2016. 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 |
|---|---|
| £379,600 | 16 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £379,600 results in an estimated price of approximately £505,402.
| 16 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £379,600 | £125,802 | £505,402 |
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 | 48.922 % | £185,706 | £565,306 |
| 3 Month Average | 21.001 % | £79,718 | £459,318 |
| 6 Month Average | 20.668 % | £78,456 | £458,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £569,986 | £565,000 | 17 PRESTON DRIVE |
| 31 Mar 2023 | £535,041 | £530,000 | 7 PRESTON DRIVE |
| 13 Jan 2023 | £537,468 | £540,000 | 11 WINCHESTER ROAD |
| 11 Jul 2022 | £426,147 | £425,000 | 254 GIPSY ROAD |
| 31 May 2022 | £582,985 | £572,000 | 223 GIPSY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Feb 2016. Using an estimated price of £505,402 means this house is valued at £5,876 per sq meter (£545 per sq foot).
The average size of a house on NORMANHURST AVENUE is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Gipsy Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Gipsy Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Normanhurst Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Normanhurst Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Normanhurst Avenue |