£449,383
This estimated value is based upon the latest sale price for the house of £380,000 on 21 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Palmeira Road
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2 Pickford Lane, Bexleyheath, DA7 4QW
Phone: 02077681642
| Price Paid | Date |
|---|---|
| £380,000 | 21 Sep 2020 |
| £357,500 | 24 Aug 2017 |
| £219,000 | 1 Jun 2012 |
| £184,000 | 29 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £380,000 results in an estimated price of approximately £449,383.
| 21 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £380,000 | £69,383 | £449,383 |
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 | 27.208 % | £103,390 | £483,390 |
| 3 Month Average | 3.486 % | £13,247 | £393,247 |
| 6 Month Average | 7.341 % | £27,895 | £407,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £559,694 | £554,400 | 32 MARLBOROUGH ROAD |
| 26 Apr 2023 | £428,182 | £425,000 | 40 PALMEIRA ROAD |
| 6 Apr 2023 | £604,493 | £600,000 | 51 MARLBOROUGH ROAD |
| 28 Feb 2023 | £351,338 | £353,000 | 17 PALMEIRA ROAD |
| 30 Sep 2022 | £429,773 | £435,000 | 2 PALMEIRA ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Jun 2020. Using an estimated price of £449,383 means this house is valued at £5,761 per sq meter (£535 per sq foot).
The average size of a house on PALMEIRA ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Palmeira Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Palmeira Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fox Hollow Drive |
| Mar 2024 | Drugs | Under investigation | On or near Fox Hollow Drive |
| Feb 2024 | Anti-social behaviour | On or near Fox Hollow Drive |