£503,541
This estimated value is based upon the latest sale price for the house of £415,000 on 23 Mar 2020. 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 |
|---|---|
| £415,000 | 23 Mar 2020 |
| £335,000 | 2 Apr 2015 |
| £285,000 | 20 Aug 2007 |
| £80,000 | 16 Dec 1996 |
| 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £415,000 results in an estimated price of approximately £503,541.
| 23 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £415,000 | £88,541 | £503,541 |
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 | 17.490 % | £72,584 | £487,584 |
| 3 Month Average | 8.860 % | £36,769 | £451,769 |
| 6 Month Average | 11.541 % | £47,894 | £462,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £359,991 | £353,979 | 99 SOUTH GIPSY ROAD |
| 30 Sep 2022 | £434,710 | £435,000 | 2 PALMEIRA ROAD |
| 9 Aug 2022 | £552,584 | £550,000 | 58 PALMEIRA ROAD |
| 14 Jan 2022 | £424,079 | £400,000 | 95 SOUTH GIPSY ROAD |
| 5 Jan 2022 | £509,955 | £481,000 | 76 PALMEIRA ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 Mar 2019. Using an estimated price of £503,541 means this house is valued at £4,495 per sq meter (£417 per sq foot).
The average size of a house on SOUTH GIPSY ROAD is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Bethel Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bethel Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bethel Road |
| Apr 2024 | Burglary | Under investigation | On or near Stevedale Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near South Gipsy Road |