£413,823
This estimated value is based upon the latest sale price for the house of £280,000 on 24 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Palmeira Road
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2 Pickford Lane, Bexleyheath, DA7 4QW
Phone: 02077681642
| Price Paid | Date |
|---|---|
| £280,000 | 24 Feb 2015 |
| £63,000 | 3 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £280,000 results in an estimated price of approximately £413,823.
| 24 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £280,000 | £133,823 | £413,823 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 26.059 % | £72,965 | £352,965 |
| 3 Month Average | 31.892 % | £89,297 | £369,297 |
| 6 Month Average | 44.713 % | £125,195 | £405,195 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £561,963 | £554,400 | 32 MARLBOROUGH ROAD |
| 26 Apr 2023 | £429,626 | £425,000 | 40 PALMEIRA ROAD |
| 6 Apr 2023 | £606,531 | £600,000 | 51 MARLBOROUGH ROAD |
| 28 Feb 2023 | £352,763 | £353,000 | 17 PALMEIRA ROAD |
| 30 Sep 2022 | £431,515 | £435,000 | 2 PALMEIRA ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Jan 2015. Using an estimated price of £413,824 means this house is valued at £6,176 per sq meter (£573 per sq foot).
The average size of a house on PALMEIRA ROAD is 83 sq meters (894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Palmeira Road |
| Dec 2023 | Anti-social behaviour | On or near Palmeira Road | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmeira Road |
| Dec 2023 | Burglary | Under investigation | On or near Palmeira Road |
| Dec 2023 | Anti-social behaviour | On or near Palmeira Road |