£451,548
This estimated value is based upon the latest sale price for the house of £265,000 on 13 Dec 2012. 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 |
|---|---|
| £265,000 | 13 Dec 2012 |
| £244,500 | 16 Feb 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 December 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £265,000 results in an estimated price of approximately £451,548.
| 13 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £265,000 | £186,548 | £451,548 |
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 | 113.872 % | £301,760 | £566,760 |
| 3 Month Average | 82.319 % | £218,145 | £483,145 |
| 6 Month Average | 72.916 % | £193,226 | £458,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £554,818 | £550,000 | 112 LITTLE HEATH ROAD |
| 14 Sep 2023 | £393,678 | £385,000 | 37 DUNWICH ROAD |
| 23 Mar 2023 | £552,222 | £543,000 | 115 LITTLE HEATH ROAD |
| 20 Sep 2022 | £459,693 | £460,000 | 301 LONG LANE |
| 22 Jun 2022 | £562,014 | £550,000 | 116 LITTLE HEATH ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 29 Mar 2012. Using an estimated price of £451,549 means this house is valued at £4,259 per sq meter (£395 per sq foot).
The average size of a house on LITTLE HEATH ROAD is 110 sq meters (1,187 sq feet).