£468,160
This estimated value is based upon the latest sale price for the house of £420,000 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Pickford Lane, Bexleyheath, DA7 4QW
Phone: 02077681642
| Price Paid | Date |
|---|---|
| £420,000 | 29 Oct 2021 |
| £280,000 | 26 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £420,000 results in an estimated price of approximately £468,160.
| 29 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £420,000 | £48,160 | £468,160 |
The Postcode Pricing Model uses changes in average sales price within the DA16 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 | 2.346 % | £9,852 | £429,852 |
| 3 Month Average | -12.484 % | £-52,432 | £367,567 |
| 6 Month Average | -10.914 % | £-45,840 | £374,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £213,277 | £210,000 | 59 BETHEL ROAD |
| 16 Aug 2023 | £509,184 | £500,000 | 47 SOUTH GIPSY ROAD |
| 3 Aug 2023 | £453,173 | £445,000 | 18 PARK VIEW ROAD |
| 1 Jun 2023 | £416,344 | £408,000 | 14 SOUTH GIPSY ROAD |
| 24 Apr 2023 | £377,052 | £370,000 | 32 BETHEL ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Nov 2015. Using an estimated price of £468,161 means this house is valued at £5,709 per sq meter (£530 per sq foot).
The average size of a house on SOUTH GIPSY ROAD is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Gipsy Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Gipsy Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Danson Mead |
| Apr 2024 | Burglary | Under investigation | On or near Danson Mead |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bethel Road |