£468,372
This estimated value is based upon the latest sale price for the house of £385,000 on 22 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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289 Broadway, Bexleyheath, DA6 8DG
Phone: 02081280012
| Price Paid | Date |
|---|---|
| £385,000 | 22 Oct 2018 |
| £154,000 | 7 Mar 2002 |
| £102,000 | 29 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £385,000 results in an estimated price of approximately £468,372.
| 22 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £385,000 | £83,372 | £468,372 |
The Postcode Pricing Model uses changes in average sales price within the DA5 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 | 57.619 % | £221,834 | £606,834 |
| 3 Month Average | 3.348 % | £12,890 | £397,890 |
| 6 Month Average | 22.853 % | £87,983 | £472,983 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Apr 2018.
The average size of a house on MURCHISON AVENUE is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Charter Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravenswood |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Drive |