Full Address

DA14 4NU

Estimated Market Value


This estimated value is based upon the latest sale price for the house of £230,000 on 27 Oct 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£230,00027 Oct 2004
House Details

House Price Models

Land Registry House Price Index Model

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 2004 the House Price Index for GREATER LONDON was 64.1.

The House Price Index as of 1 Nov 2016 is 120.8 which is a change of 88.473%.

Applying this 88.473% change to the original purchase price of £230,000 gives us an estimated price now of around £433,488.

27 Oct 2004 1 Nov 2016 % change Purchase Price Gain / Loss Estimated Price
64.1 120.8 88.473 % £230,000 £203,488 £433,488

The Postcode Pricing Model uses changes in average sales price within the DA14 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 53.494 % £123,035 £353,035
3 Month Average 94.564 % £217,496 £447,496
6 Month Average 84.411 % £194,144 £424,144

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In October 2004 the average sale price for the 50 nearest sales within two miles of 20 LONGMEAD DRIVE was £209,774.

In December 2016 the average sale price for the 49 nearest sales was £303,064. This is a change of 44.472%.

So taking the original purchase price of £230,000 and adjusting it by 44.472% gives an estimated price of £332,284.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 27 Oct 2004 Average price on 29 Dec 2016 % change Purchase Price Gain / Loss Estimated Price
£209,774 £303,064 44.472 % £230,000 £102,284 £332,284
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
4 Nov 2016 £422,500 £422,500 3 LONGMEAD DRIVE
2 Sep 2016 £566,472 £570,000 10 CHERRYDOWN ROAD
26 Aug 2016 £535,590 £540,000 268 BEXLEY LANE
21 Jul 2016 £268,487 £269,950 50 ONSLOW DRIVE
7 Jun 2016 £595,051 £590,000 266 BEXLEY LANE

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Recent Crimes Near Here
Sep 2016 Other theft Under investigation On or near Cherrydown Road
Dec 2016 Violence and sexual offences Under investigation On or near Onslow Drive
Oct 2016 Bicycle theft Under investigation On or near Parking Area
Oct 2016 Burglary Under investigation On or near Goodwin Drive
Oct 2016 Drugs Offender given community sentence On or near Bexley Lane

View full details of these crimes and others in this area

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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