£527,751
This estimated value is based upon the latest sale price for the house of £420,000 on 3 May 2018. 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 |
---|---|
£420,000 | 3 May 2018 |
£98,500 | 4 Jun 1999 |
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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £420,000 results in an estimated price of approximately £527,751.
3 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £420,000 | £107,751 | £527,751 |
The Postcode Pricing Model uses changes in average sales price within the DA6 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 | -4.251 % | £-17,856 | £402,143 |
3 Month Average | 10.643 % | £44,698 | £464,698 |
6 Month Average | 33.055 % | £138,831 | £558,831 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £630,474 | £624,999 | 24 BROOMFIELD ROAD |
8 Nov 2023 | £420,679 | £410,000 | 19 BROOMFIELD ROAD |
15 Sep 2023 | £291,424 | £285,000 | 1C BROOMFIELD ROAD |
29 Jul 2022 | £525,263 | £520,000 | 3 DASHWOOD CLOSE |
20 Jul 2022 | £439,403 | £435,000 | 3 BROOM MEAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 22 Nov 2017. Using an estimated price of £527,752 means this house is valued at £6,515 per sq meter (£605 per sq foot).
The average size of a house on BROOM MEAD is 112 sq meters (1,212 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broom Mead |
Sep 2024 | Anti-social behaviour | On or near Rochester Drive | |
Sep 2024 | Anti-social behaviour | On or near Rochester Drive | |
Aug 2024 | Anti-social behaviour | On or near Rochester Drive | |
Aug 2024 | Anti-social behaviour | On or near Rochester Drive |