£554,142
This estimated value is based upon the latest sale price for the house of £395,000 on 20 Nov 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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17 Swanbridge Road, Bexleyheath, DA7 5BP
Phone: 02081285117
| Price Paid | Date |
|---|---|
| £395,000 | 20 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 £395,000 results in an estimated price of approximately £554,142.
| 20 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £395,000 | £159,142 | £554,142 |
The Postcode Pricing Model uses changes in average sales price within the DA8 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 | 32.202 % | £127,197 | £522,197 |
| 3 Month Average | 31.709 % | £125,251 | £520,251 |
| 6 Month Average | 44.181 % | £174,513 | £569,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £510,000 | £510,000 | 6 LANGDALE CRESCENT |
| 26 Apr 2024 | £539,687 | £535,000 | 52 LANGDALE CRESCENT |
| 14 Apr 2023 | £458,577 | £450,000 | 63 NURSTEAD ROAD |
| 17 Mar 2023 | £764,772 | £752,000 | 45 LANGDALE CRESCENT |
| 29 Jun 2022 | £740,836 | £725,000 | 4 LANGDALE CRESCENT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 15 Jun 2015. Using an estimated price of £554,143 means this house is valued at £5,712 per sq meter (£530 per sq foot).
The average size of a house on BELMONT ROAD is 93 sq meters (1,008 sq feet).