£622,296
This estimated value is based upon the latest sale price for the house of £580,000 on 30 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Bexley High Street, Bexley, DA5 1AD
Phone: 01322584834
| Price Paid | Date |
|---|---|
| £580,000 | 30 Jun 2021 |
| £498,140 | 26 Aug 2016 |
| £405,000 | 20 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £580,000 results in an estimated price of approximately £622,296.
| 30 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £580,000 | £42,296 | £622,296 |
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 | 12.001 % | £69,605 | £649,605 |
| 3 Month Average | 2.451 % | £14,217 | £594,217 |
| 6 Month Average | 9.196 % | £53,339 | £633,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2023 | £403,804 | £400,000 | 3 COLLEGE FARM COTTAGES MANOR WAY |
| 6 Oct 2022 | £598,555 | £605,000 | 7 SALISBURY ROAD |
| 1 Jul 2022 | £1,604,319 | £1,600,000 | MOUNT MASCAL FARM NORTH CRAY ROAD |
| 17 Dec 2021 | £798,176 | £745,000 | 11 SALISBURY ROAD |
| 29 Oct 2021 | £739,127 | £668,000 | 116 NORTH CRAY ROAD |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 7 Apr 2016. Using an estimated price of £622,296 means this house is valued at £4,824 per sq meter (£448 per sq foot).
The average size of a house on NORTH CRAY ROAD is 104 sq meters (1,122 sq feet).