£463,409
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Jun 2009. 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 |
|---|---|
| £250,000 | 24 Jun 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,083 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 June 2009 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £250,000 results in an estimated price of approximately £463,409.
| 24 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.364 % | £250,000 | £213,409 | £463,409 |
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 | 104.815 % | £262,037 | £512,037 |
| 3 Month Average | 103.781 % | £259,453 | £509,453 |
| 6 Month Average | 106.177 % | £265,442 | £515,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £457,022 | £450,000 | 5 HYDE ROAD |
| 15 Mar 2024 | £543,348 | £535,000 | 114 BELVEDERE ROAD |
| 27 Oct 2023 | £506,504 | £495,000 | 24 GRACE AVENUE |
| 18 Sep 2023 | £531,721 | £520,000 | 193 LONG LANE |
| 16 Jun 2023 | £494,918 | £485,000 | 15 GRACE AVENUE |
This house has a floor area of 100 sq meters or 1,083 sq feet when measured on 2 Mar 2009. Using an estimated price of £463,410 means this house is valued at £4,605 per sq meter (£427 per sq foot).
The average size of a house on GRACE AVENUE is 114 sq meters (1,234 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sheldon Road |