£540,013
This estimated value is based upon the latest sale price for the house of £112,000 on 29 Jan 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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PO Box 353, Welling, DA7 9JB
Phone: 02034783393
| Price Paid | Date |
|---|---|
| £112,000 | 29 Jan 1998 |
| Semi-Detached |
| Freehold |
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 January 1998 the House Price Index for GREATER LONDON was 30.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 382.155%.Applying this 382.155% change to the original purchase price of £112,000 results in an estimated price of approximately £540,013.
| 29 Jan 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 148.6 | 382.155 % | £112,000 | £428,013 | £540,013 |
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 | 421.854 % | £472,476 | £584,476 |
| 3 Month Average | 347.782 % | £389,515 | £501,515 |
| 6 Month Average | 354.082 % | £396,571 | £508,571 |
| 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 |
| 8 Sep 2023 | £243,108 | £240,000 | 57A OLDFIELD ROAD |
| 22 Jun 2023 | £450,963 | £445,500 | 21 OLDFIELD ROAD |
| 31 Mar 2023 | £479,518 | £475,000 | 1 BRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jan 2024 | Vehicle crime | Under investigation | On or near Cyril Road |
| Apr 2024 | Burglary | Under investigation | On or near Bexley Heath |