£635,326
This estimated value is based upon the latest sale price for the house of £502,500 on 26 Jan 2018. 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 |
|---|---|
| £502,500 | 26 Jan 2018 |
| £260,000 | 24 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 January 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £502,500 results in an estimated price of approximately £635,326.
| 26 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £502,500 | £132,826 | £635,326 |
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 | 30.608 % | £153,806 | £656,306 |
| 3 Month Average | 12.025 % | £60,425 | £562,925 |
| 6 Month Average | 10.746 % | £54,000 | £556,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2022 | £585,870 | £580,000 | 1 CUMBERLAND DRIVE |
| 7 Jul 2022 | £480,818 | £476,000 | 35 CUMBERLAND DRIVE |
| 14 Dec 2021 | £582,826 | £540,000 | 2 KIPLING ROAD |
| 13 Dec 2021 | £599,286 | £555,250 | 7 CUMBERLAND DRIVE |
| 10 Dec 2021 | £388,551 | £360,000 | 14 FRANKLIN ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 31 May 2017. Using an estimated price of £635,326 means this house is valued at £4,411 per sq meter (£409 per sq foot).
The average size of a house on LONG LANE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Oakhurst Avenue |