£407,374
This estimated value is based upon the latest sale price for the house of £240,000 on 9 Apr 2010. 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 |
---|---|
£240,000 | 9 Apr 2010 |
£247,000 | 31 May 2005 |
£137,000 | 15 Jun 2000 |
Detached |
Freehold |
Floor Area: 77 sq meters or 833 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 April 2010 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £240,000 results in an estimated price of approximately £407,374.
9 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.740 % | £240,000 | £167,374 | £407,374 |
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 | 88.257 % | £211,815 | £451,815 |
3 Month Average | 73.577 % | £176,584 | £416,584 |
6 Month Average | 93.574 % | £224,578 | £464,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £585,240 | £575,000 | 2 HARTFORD ROAD |
16 Jun 2023 | £293,556 | £290,000 | 17 HARBEX CLOSE |
16 May 2022 | £611,518 | £599,995 | 4 OTFORD CLOSE |
11 Mar 2022 | £585,488 | £565,000 | 8 HARTFORD ROAD |
11 Feb 2022 | £377,530 | £360,000 | 33 HARTFORD ROAD |
This house has a floor area of 77 sq meters or 833 sq feet when measured on 26 Oct 2009. Using an estimated price of £407,375 means this house is valued at £5,259 per sq meter (£488 per sq foot).
The average size of a house on OTFORD CLOSE is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Otford Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Otford Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmington Close |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmington Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hartford Road |