£967,447
This estimated value is based upon the latest sale price for the house of £725,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Bourne Road, Bexley Village, DA5 1LW
Phone: 01322584453
| Price Paid | Date |
|---|---|
| £725,000 | 28 Oct 2016 |
| £373,000 | 10 May 2010 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £725,000 results in an estimated price of approximately £967,447.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £725,000 | £242,447 | £967,447 |
The Postcode Pricing Model uses changes in average sales price within the DA6 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 | 23.892 % | £173,218 | £898,218 |
| 3 Month Average | 67.298 % | £487,908 | £1,212,908 |
| 6 Month Average | 22.389 % | £162,322 | £887,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £736,700 | £718,000 | 112 GRAVEL HILL CLOSE |
| 24 Mar 2023 | £190,176 | £187,000 | FLAT 10 CAREY COURT GRAVEL HILL CLOSE |
| 17 Feb 2023 | £266,782 | £265,000 | FLAT 44 CAREY COURT GRAVEL HILL CLOSE |
| 4 Jul 2022 | £287,885 | £285,000 | FLAT 9 NESBITT HOUSE GRAVEL HILL CLOSE |
| 30 May 2022 | £223,831 | £218,000 | FLAT 6 CAREY COURT GRAVEL HILL CLOSE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 22 Apr 2016. Using an estimated price of £967,448 means this house is valued at £7,219 per sq meter (£670 per sq foot).
The average size of a house on GRAVEL HILL CLOSE is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gravel Hill Close | |
| Apr 2024 | Anti-social behaviour | On or near Gravel Hill Close | |
| Apr 2024 | Anti-social behaviour | On or near Gravel Hill Close | |
| Apr 2024 | Anti-social behaviour | On or near Gravel Hill Close | |
| Apr 2024 | Anti-social behaviour | On or near Gravel Hill Close |