£530,575
This estimated value is based upon the latest sale price for the house of £435,000 on 10 Jan 2020. 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 |
---|---|
£435,000 | 10 Jan 2020 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £435,000 results in an estimated price of approximately £530,575.
10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £435,000 | £95,575 | £530,575 |
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 | 14.504 % | £63,092 | £498,092 |
3 Month Average | 6.293 % | £27,375 | £462,375 |
6 Month Average | 10.757 % | £46,793 | £481,793 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £416,161 | £410,000 | 19 BROOMFIELD ROAD |
15 Sep 2023 | £288,691 | £285,000 | 1C BROOMFIELD ROAD |
21 Jul 2023 | £435,866 | £430,000 | 4 HENFIELD CLOSE |
5 Jan 2023 | £622,070 | £625,000 | 64 ROCHESTER DRIVE |
22 Aug 2022 | £618,336 | £620,000 | 62 ROCHESTER DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Sep 2016. Using an estimated price of £530,576 means this house is valued at £6,316 per sq meter (£586 per sq foot).
The average size of a house on CRANLEIGH CLOSE is 116 sq meters (1,256 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Cranleigh Close |
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 | Vehicle crime | Under investigation | On or near Rye Close |