£734,444
This estimated value is based upon the latest sale price for the house of £485,000 on 14 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7 Bourne Road, Bexley Village, DA5 1LW
Phone: 01322584453
Price Paid | Date |
---|---|
£485,000 | 14 Aug 2014 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £485,000 results in an estimated price of approximately £734,444.
14 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £485,000 | £249,444 | £734,444 |
The Postcode Pricing Model uses changes in average sales price within the DA5 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 | 57.027 % | £276,580 | £761,580 |
3 Month Average | 47.450 % | £230,132 | £715,132 |
6 Month Average | 61.768 % | £299,576 | £784,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £435,866 | £430,000 | 4 HENFIELD CLOSE |
29 Jul 2022 | £521,404 | £520,000 | 3 DASHWOOD CLOSE |
20 Jul 2022 | £436,174 | £435,000 | 3 BROOM MEAD |
29 Jun 2022 | £451,379 | £445,000 | 112 ROCHESTER DRIVE |
10 Jun 2022 | £529,483 | £522,000 | 51 FAYGATE CRESCENT |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Dec 2013. Using an estimated price of £734,444 means this house is valued at £6,171 per sq meter (£573 per sq foot).
The average size of a house on FENSWOOD CLOSE is 177 sq meters (1,910 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Dashwood Close | |
Jan 2024 | Anti-social behaviour | On or near Dashwood Close | |
Jan 2024 | Anti-social behaviour | On or near Dashwood Close | |
Jan 2024 | Other theft | Under investigation | On or near Cranleigh Close |
Dec 2023 | Anti-social behaviour | On or near Faygate Crescent |