£266,746
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Mar 2008. 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 |
---|---|
£170,000 | 3 Mar 2008 |
£75,000 | 25 Jun 1999 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 2008 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.910%.Applying this 56.910% change to the original purchase price of £170,000 results in an estimated price of approximately £266,746.
3 Mar 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.0 | 56.910 % | £170,000 | £96,746 | £266,746 |
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 | 108.572 % | £184,572 | £354,572 |
3 Month Average | 74.270 % | £126,258 | £296,258 |
6 Month Average | 71.968 % | £122,344 | £292,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £459,345 | £455,000 | 23 CANNON ROAD |
11 Nov 2022 | £378,856 | £385,000 | 29 HARRIS ROAD |
20 Sep 2022 | £454,473 | £460,000 | 301 LONG LANE |
25 Mar 2022 | £283,821 | £275,000 | 4 CANNON ROAD |
17 Mar 2022 | £567,643 | £550,000 | 4 COOTE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 Feb 2018. Using an estimated price of £266,747 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on HARRIS ROAD is 89 sq meters (961 sq feet).