£717,563
This estimated value is based upon the latest sale price for the house of £510,000 on 13 Oct 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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289 Broadway, Bexleyheath, DA6 8DG
Phone: 02081280012
Price Paid | Date |
---|---|
£510,000 | 13 Oct 2015 |
£210,000 | 31 Jul 2002 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 October 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £510,000 results in an estimated price of approximately £717,563.
13 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £510,000 | £207,563 | £717,563 |
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 | 25.928 % | £132,234 | £642,234 |
3 Month Average | 19.618 % | £100,050 | £610,050 |
6 Month Average | 33.544 % | £171,072 | £681,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £557,503 | £550,000 | 16 ELMWOOD DRIVE |
20 Jun 2023 | £420,089 | £415,000 | 110 MURCHISON AVENUE |
25 Aug 2022 | £377,983 | £379,000 | 121 MURCHISON AVENUE |
2 Aug 2022 | £498,658 | £500,000 | 6 VENTURE CLOSE |
15 Jul 2022 | £451,215 | £450,000 | 5 BRIDGEN ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 6 Jul 2015. Using an estimated price of £717,564 means this house is valued at £6,966 per sq meter (£647 per sq foot).
The average size of a house on ELMWOOD DRIVE is 111 sq meters (1,196 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmwood Drive |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Charter Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bridgen Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bridgen Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Bridgen Road |