£353,395
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Jul 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2a Bellegrove Road, Welling, DA16 3PR
Phone: 02081281356
Price Paid | Date |
---|---|
£215,000 | 24 Jul 2008 |
£197,000 | 22 Nov 2005 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 July 2008 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £215,000 results in an estimated price of approximately £353,395.
24 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £215,000 | £138,395 | £353,395 |
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 | -32.588 % | £-70,064 | £144,935 |
3 Month Average | 61.582 % | £132,401 | £347,401 |
6 Month Average | 72.322 % | £155,491 | £370,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £417,810 | £410,500 | 34 DARENTH ROAD |
22 Nov 2023 | £426,312 | £420,000 | 7 ANTHONY ROAD |
28 Sep 2023 | £405,181 | £400,000 | 16 LINTON CLOSE |
16 Jun 2023 | £430,211 | £425,000 | 82 ANTHONY ROAD |
28 Apr 2023 | £480,170 | £475,000 | 44 ANTHONY ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 25 Nov 2021. Using an estimated price of £353,395 means this house is valued at £4,589 per sq meter (£426 per sq foot).
The average size of a house on ANTHONY ROAD is 87 sq meters (945 sq feet).