£541,120
This estimated value is based upon the latest sale price for the house of £335,000 on 15 Oct 2013. 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 |
|---|---|
| £335,000 | 15 Oct 2013 |
| £280,000 | 10 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 61.528%.Applying this 61.528% change to the original purchase price of £335,000 results in an estimated price of approximately £541,120.
| 15 Oct 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 146.7 | 61.528 % | £335,000 | £206,120 | £541,120 |
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 | 99.279 % | £332,585 | £667,585 |
| 3 Month Average | 67.205 % | £225,135 | £560,135 |
| 6 Month Average | 77.046 % | £258,104 | £593,104 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 28 Sep 2012.
The average size of a house on ELMINGTON CLOSE is 109 sq meters (1,180 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 |