£478,656
This estimated value is based upon the latest sale price for the house of £275,000 on 9 Sep 2011. 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 |
|---|---|
| £275,000 | 9 Sep 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 869 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £275,000 results in an estimated price of approximately £478,656.
| 9 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £275,000 | £203,656 | £478,656 |
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 | 88.421 % | £243,156 | £518,156 |
| 3 Month Average | 72.978 % | £200,688 | £475,688 |
| 6 Month Average | 76.931 % | £211,560 | £486,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £500,000 | £500,000 | 56 PICKFORD LANE |
| 20 Dec 2023 | £448,790 | £435,000 | 2 BRIDGE ROAD |
| 28 Sep 2023 | £529,676 | £518,000 | 18 SOMERSHAM ROAD |
| 20 Sep 2023 | £536,834 | £525,000 | 38 PERCY ROAD |
| 8 Sep 2023 | £245,410 | £240,000 | 57A OLDFIELD ROAD |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 12 Jun 2011. Using an estimated price of £478,656 means this house is valued at £5,923 per sq meter (£550 per sq foot).
The average size of a house on OLDFIELD ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Oldfield Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Oldfield Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Oldfield Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Somersham Road |
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Somersham Road |