£622,237
This estimated value is based upon the latest sale price for the house of £480,000 on 9 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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172a Broadway, Bexleyheath, DA6 7DE
Phone: 02035422199
| Price Paid | Date |
|---|---|
| £480,000 | 9 May 2017 |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £480,000 results in an estimated price of approximately £622,237.
| 9 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £480,000 | £142,237 | £622,237 |
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 | 8.383 % | £40,236 | £520,236 |
| 3 Month Average | 49.900 % | £239,522 | £719,522 |
| 6 Month Average | 43.196 % | £207,338 | £687,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £365,000 | £365,000 | 10 GRAVEL HILL |
| 15 Mar 2024 | £335,149 | £330,000 | 6 SHILLING COURT STERLING ROAD |
| 20 Oct 2023 | £665,106 | £650,000 | 37 ERITH ROAD |
| 4 Apr 2023 | £264,956 | £260,000 | 54B ERITH ROAD |
| 24 Feb 2023 | £302,017 | £300,000 | 12 GUINEA COURT STERLING ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 11 Oct 2016. Using an estimated price of £622,238 means this house is valued at £4,476 per sq meter (£415 per sq foot).
The average size of a house on BROADWAY is 77 sq meters (829 sq feet).
This house is the largest in the street with a floor area of 139 sq meters (1,496 sq feet).