£271,847
This estimated value is based upon the latest sale price for the house of £156,250 on 19 May 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 |
|---|---|
| £156,250 | 19 May 2011 |
| £50,000 | 31 May 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 644 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 May 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 73.982%.Applying this 73.982% change to the original purchase price of £156,250 results in an estimated price of approximately £271,847.
| 19 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £156,250 | £115,597 | £271,847 |
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 | 45.774 % | £71,522 | £227,772 |
| 3 Month Average | 64.642 % | £101,003 | £257,253 |
| 6 Month Average | 107.457 % | £167,901 | £324,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2024 | £530,000 | £530,000 | 26 GAINSBOROUGH SQUARE |
| 28 Mar 2024 | £403,703 | £397,500 | 56 CROOK LOG |
| 8 Nov 2023 | £280,110 | £273,000 | 51 LANGMORE COURT HANOVER WAY |
| 26 Sep 2023 | £516,383 | £505,000 | 8 GAINSBOROUGH SQUARE |
| 25 Aug 2023 | £509,184 | £500,000 | GLENVILLE GLYNDE ROAD |
This house has a floor area of 59 sq meters or 644 sq feet when measured on 25 May 2010. Using an estimated price of £271,847 means this house is valued at £4,539 per sq meter (£421 per sq foot).
The average size of a house on HANOVER WAY is 61 sq meters (658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hanover Way | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hanover Way |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hanover Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hanover Way |
| Oct 2024 | Burglary | Under investigation | On or near Gainsborough Square |