£368,365
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Bourne Road, Bexley Village, DA5 1LW
Phone: 01322584453
Price Paid | Date |
---|---|
£240,000 | 18 Oct 2007 |
£190,000 | 11 Jul 2005 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 871 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 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.485%.Applying this 53.485% change to the original purchase price of £240,000 results in an estimated price of approximately £368,365.
18 Oct 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 146.7 | 53.485 % | £240,000 | £128,365 | £368,365 |
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 | 107.520 % | £258,048 | £498,048 |
3 Month Average | 82.502 % | £198,004 | £438,004 |
6 Month Average | 96.401 % | £231,362 | £471,362 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 8 Dec 2012.
The average size of a house on OTFORD CLOSE is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Otford Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Otford Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmington Close |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmington Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hartford Road |