£762,525
This estimated value is based upon the latest sale price for the house of £620,000 on 17 Sep 2018. 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 |
---|---|
£620,000 | 17 Sep 2018 |
£376,000 | 4 Aug 2017 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £620,000 results in an estimated price of approximately £762,525.
17 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 22.988 % | £620,000 | £142,525 | £762,525 |
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 | 35.609 % | £220,778 | £840,778 |
3 Month Average | 23.563 % | £146,088 | £766,088 |
6 Month Average | 14.319 % | £88,775 | £708,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £280,303 | £275,000 | 79A LONG LANE |
18 Dec 2023 | £280,303 | £275,000 | 79B LONG LANE |
29 Aug 2023 | £653,977 | £650,000 | 24 PALMAR CRESCENT |
7 Jun 2023 | £483,924 | £480,000 | 96 LONG LANE |
25 Nov 2022 | £418,218 | £425,000 | 4 BUTLERS COTTAGES WOOLWICH ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 1 Apr 2017. Using an estimated price of £762,525 means this house is valued at £8,379 per sq meter (£778 per sq foot).
The average size of a house on WOOLWICH ROAD is 81 sq meters (877 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palmar Crescent |
Jan 2024 | Vehicle crime | Under investigation | On or near Palmar Crescent |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmar Crescent |
Apr 2024 | Vehicle crime | Under investigation | On or near Palmar Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Woolwich Road |