£387,522
This estimated value is based upon the latest sale price for the house of £226,500 on 29 Jun 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Rackham Close
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146 Welling High Street, Welling, DA16 1TJ
Phone: 02077680962
| Price Paid | Date |
|---|---|
| £226,500 | 29 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,106 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 June 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 71.092%.Applying this 71.092% change to the original purchase price of £226,500 results in an estimated price of approximately £387,522.
| 29 Jun 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 146.7 | 71.092 % | £226,500 | £161,022 | £387,522 |
The Postcode Pricing Model uses changes in average sales price within the DA16 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 | 162.843 % | £368,839 | £595,339 |
| 3 Month Average | 107.784 % | £244,130 | £470,630 |
| 6 Month Average | 77.497 % | £175,531 | £402,031 |
This house has a floor area of 102 sq meters or 1,106 sq feet when measured on 29 Sep 2010.
The average size of a house on UPPER WICKHAM LANE is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Rackham Close | |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Rackham Close |
| Jan 2024 | Anti-social behaviour | On or near Rackham Close | |
| Jan 2024 | Anti-social behaviour | On or near Rackham Close | |
| Jan 2024 | Burglary | Under investigation | On or near Rackham Close |