£531,952
This estimated value is based upon the latest sale price for the house of £325,000 on 13 Nov 2013. 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 |
|---|---|
| £325,000 | 13 Nov 2013 |
| £96,000 | 2 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £325,000 results in an estimated price of approximately £531,952.
| 13 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £325,000 | £206,952 | £531,952 |
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 | 94.585 % | £307,401 | £632,401 |
| 3 Month Average | 77.036 % | £250,368 | £575,368 |
| 6 Month Average | 74.911 % | £243,460 | £568,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £625,888 | £610,000 | 71 CUMBERLAND DRIVE |
| 7 Apr 2022 | £606,892 | £585,000 | 83 CHESSINGTON AVENUE |
| 22 Oct 2021 | £585,201 | £525,000 | 42 MALVERN AVENUE |
| 30 Jun 2021 | £594,477 | £550,000 | 7 MALVERN AVENUE |
| 23 Jun 2021 | £556,646 | £515,000 | 4 OAKHURST AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 24 Aug 2013. Using an estimated price of £531,953 means this house is valued at £4,749 per sq meter (£441 per sq foot).
The average size of a house on CUMBERLAND DRIVE is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cumberland Drive |
| Sep 2024 | Vehicle crime | Under investigation | On or near Oakhurst Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barry Avenue |
| Oct 2024 | Anti-social behaviour | On or near Ashbourne Avenue | |
| Aug 2024 | Drugs | Offender given penalty notice | On or near Oakhurst Gardens |