£304,024
This estimated value is based upon the latest sale price for the house of £98,000 on 7 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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140 Long Lane, Bexleyheath, DA7 5AH
Phone: 02036417902
Price Paid | Date |
---|---|
£98,000 | 7 Feb 2002 |
£74,000 | 20 Dec 1999 |
£48,000 | 26 Jun 1997 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 2002 the House Price Index for GREATER LONDON was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £98,000 results in an estimated price of approximately £304,024.
7 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
48.3 | 149.7 | 210.229 % | £98,000 | £206,024 | £304,024 |
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 | 208.741 % | £204,566 | £302,566 |
3 Month Average | 195.641 % | £191,728 | £289,728 |
6 Month Average | 195.910 % | £191,992 | £289,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £474,117 | £470,000 | 10 LONG LANE |
20 Sep 2023 | £766,906 | £750,000 | 183 ERITH ROAD |
25 Aug 2023 | £371,704 | £365,000 | 52 LONG LANE |
15 Jul 2022 | £308,087 | £305,000 | 1 LONG LANE |
10 Jun 2022 | £689,744 | £675,000 | 6 SILVERDALE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Mar 2012. Using an estimated price of £304,024 means this house is valued at £4,983 per sq meter (£462 per sq foot).
The average size of a house on LONG LANE is 97 sq meters (1,051 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Silverdale Road | |
Apr 2024 | Anti-social behaviour | On or near Silverdale Road | |
Apr 2024 | Anti-social behaviour | On or near Silverdale Road | |
Apr 2024 | Anti-social behaviour | On or near Silverdale Road | |
Apr 2024 | Anti-social behaviour | On or near Silverdale Road |