£639,436
This estimated value is based upon the latest sale price for the house of £527,000 on 13 Mar 2020. 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 |
---|---|
£527,000 | 13 Mar 2020 |
Semi-Detached |
Freehold |
Floor Area: 142 sq meters or 1,528 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £527,000 results in an estimated price of approximately £639,436.
13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £527,000 | £112,436 | £639,436 |
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 | 12.268 % | £64,653 | £591,653 |
3 Month Average | -1.049 % | £-5,525 | £521,474 |
6 Month Average | 8.213 % | £43,282 | £570,282 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £383,208 | £385,000 | 29 HARRIS ROAD |
17 Mar 2022 | £574,163 | £550,000 | 4 COOTE ROAD |
14 Dec 2021 | £582,826 | £540,000 | 2 KIPLING ROAD |
10 Dec 2021 | £388,551 | £360,000 | 14 FRANKLIN ROAD |
30 Sep 2021 | £325,671 | £300,000 | 48 BRISTOW ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 11 Sep 2019. Using an estimated price of £639,437 means this house is valued at £4,503 per sq meter (£418 per sq foot).
The average size of a house on PICKFORD LANE is 87 sq meters (946 sq feet).