£366,537
This estimated value is based upon the latest sale price for the house of £225,000 on 2 Feb 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Palmeira Road
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2 Pickford Lane, Bexleyheath, DA7 4QW
Phone: 02077681642
Price Paid | Date |
---|---|
£225,000 | 2 Feb 2007 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 971 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 2007 the House Price Index for GREATER LONDON was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £225,000 results in an estimated price of approximately £366,537.
2 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.2 | 148.6 | 62.906 % | £225,000 | £141,537 | £366,537 |
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 | 129.177 % | £290,647 | £515,647 |
3 Month Average | 86.458 % | £194,529 | £419,529 |
6 Month Average | 84.069 % | £189,154 | £414,154 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £561,963 | £554,400 | 32 MARLBOROUGH ROAD |
26 Apr 2023 | £429,626 | £425,000 | 40 PALMEIRA ROAD |
6 Apr 2023 | £606,531 | £600,000 | 51 MARLBOROUGH ROAD |
28 Feb 2023 | £352,763 | £353,000 | 17 PALMEIRA ROAD |
30 Sep 2022 | £431,515 | £435,000 | 2 PALMEIRA ROAD |
This house has a floor area of 90 sq meters or 971 sq feet when measured on 20 Feb 2009. Using an estimated price of £366,538 means this house is valued at £4,062 per sq meter (£377 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 115 sq meters (1,240 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Palmeira Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fox Hollow Drive |
Mar 2024 | Drugs | Under investigation | On or near Fox Hollow Drive |
Feb 2024 | Anti-social behaviour | On or near Fox Hollow Drive |