£505,742
This estimated value is based upon the latest sale price for the house of £360,500 on 16 Nov 2015. 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 |
|---|---|
| £360,500 | 16 Nov 2015 |
| £220,000 | 23 Jun 2006 |
| £81,000 | 29 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,154 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 November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £360,500 results in an estimated price of approximately £505,742.
| 16 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £360,500 | £145,242 | £505,742 |
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 | 32.912 % | £118,646 | £479,146 |
| 3 Month Average | 28.435 % | £102,509 | £463,009 |
| 6 Month Average | 36.238 % | £130,637 | £491,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £360,064 | £349,000 | 20 LAVERNOCK ROAD |
| 8 Nov 2023 | £440,686 | £429,500 | 38 LAVERNOCK ROAD |
| 1 Aug 2023 | £346,245 | £340,000 | 140 LONG LANE |
| 7 Jun 2023 | £489,816 | £480,000 | 96 LONG LANE |
| 31 Mar 2023 | £335,605 | £330,000 | 40 LAVERNOCK ROAD |
This house has a floor area of 107 sq meters or 1,154 sq feet when measured on 9 Feb 2011. Using an estimated price of £505,743 means this house is valued at £4,713 per sq meter (£437 per sq foot).
The average size of a house on LONG LANE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Other theft | Under investigation | On or near Supermarket |