£766,431
This estimated value is based upon the latest sale price for the house of £300,000 on 11 Dec 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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289 Broadway, Bexleyheath, DA6 8DG
Phone: 02081280012
Price Paid | Date |
---|---|
£300,000 | 11 Dec 2002 |
£170,000 | 18 Dec 1998 |
Semi-Detached |
Freehold |
Floor Area: 191 sq meters or 2,061 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 December 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £300,000 results in an estimated price of approximately £766,431.
11 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 149.7 | 155.477 % | £300,000 | £466,431 | £766,431 |
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 | 91.556 % | £274,668 | £574,668 |
3 Month Average | 128.321 % | £384,964 | £684,964 |
6 Month Average | 161.776 % | £485,329 | £785,329 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £225,113 | £220,000 | 55 LION ROAD |
23 Aug 2023 | £593,199 | £582,500 | 91 LION ROAD |
30 Jan 2023 | £300,804 | £300,000 | 6 HYAM APARTMENTS, 267 BROADWAY |
27 Jan 2023 | £401,072 | £400,000 | 111 LION ROAD |
25 Jan 2023 | £416,112 | £415,000 | 3 HYAM APARTMENTS, 267 BROADWAY |
This house has a floor area of 191 sq meters or 2,061 sq feet when measured on 31 Oct 2011. Using an estimated price of £766,431 means this house is valued at £4,002 per sq meter (£371 per sq foot).
The average size of a house on LION ROAD is 106 sq meters (1,149 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Drugs | Under investigation | On or near Heathfield Road |
Oct 2024 | Anti-social behaviour | On or near Heathfield Road | |
Oct 2024 | Anti-social behaviour | On or near Lion Road | |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lion Road |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Lion Road |