£483,966
This estimated value is based upon the latest sale price for the house of £363,500 on 12 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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180 Bexley Road, Eltham, SE9 2PH
Phone: 02034630058
| Price Paid | Date |
|---|---|
| £363,500 | 12 Aug 2016 |
| £228,000 | 10 Dec 2010 |
| £180,000 | 27 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 874 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £363,500 results in an estimated price of approximately £483,966.
| 12 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £363,500 | £120,466 | £483,966 |
The Postcode Pricing Model uses changes in average sales price within the DA15 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 | 42.662 % | £155,076 | £518,576 |
| 3 Month Average | 12.652 % | £45,989 | £409,489 |
| 6 Month Average | 18.329 % | £66,624 | £430,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £392,816 | £387,000 | 90 ORCHARD RISE WEST |
| 26 Sep 2023 | £557,123 | £550,000 | 12 GORDON ROAD |
| 7 Jun 2023 | £340,120 | £336,000 | 21A GORDON ROAD |
| 6 Apr 2023 | £404,354 | £400,000 | 68 RIDGEWAY WEST |
| 27 May 2022 | £489,218 | £480,000 | 23 GORDON ROAD |
This house has a floor area of 81 sq meters or 874 sq feet when measured on 12 Aug 2010. Using an estimated price of £483,967 means this house is valued at £5,954 per sq meter (£553 per sq foot).
The average size of a house on ORCHARD RISE WEST is 75 sq meters (809 sq feet).