£623,382
This estimated value is based upon the latest sale price for the house of £405,000 on 4 Jul 2014. 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 |
---|---|
£405,000 | 4 Jul 2014 |
£249,000 | 14 Aug 2002 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,255 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £405,000 results in an estimated price of approximately £623,382.
4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £405,000 | £218,382 | £623,382 |
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 | 69.536 % | £281,620 | £686,620 |
3 Month Average | 51.458 % | £208,404 | £613,404 |
6 Month Average | 56.591 % | £229,193 | £634,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £554,818 | £550,000 | 112 LITTLE HEATH ROAD |
1 Mar 2024 | £447,373 | £440,500 | 77 LITTLE HEATH ROAD |
20 Dec 2023 | £531,327 | £515,000 | 5 HOLLINGBOURNE AVENUE |
17 Nov 2023 | £651,539 | £635,000 | 12 HOLLINGBOURNE AVENUE |
14 Sep 2023 | £393,678 | £385,000 | 37 DUNWICH ROAD |
This house has a floor area of 116 sq meters or 1,255 sq feet when measured on 30 Jan 2012. Using an estimated price of £623,382 means this house is valued at £5,344 per sq meter (£496 per sq foot).
The average size of a house on NORFOLK GARDENS is 123 sq meters (1,324 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Norfolk Gardens |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hollingbourne Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Dunwich Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Romney Gardens |