£302,823
This estimated value is based upon the latest sale price for the house of £280,000 on 2 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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172a Broadway, Bexleyheath, DA6 7DE
Phone: 02035422199
| Price Paid | Date |
|---|---|
| £280,000 | 2 Nov 2021 |
| £164,950 | 22 Mar 2005 |
| £74,950 | 31 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £280,000 results in an estimated price of approximately £302,823.
| 2 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £280,000 | £22,823 | £302,823 |
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 | -24.169 % | £-67,674 | £212,325 |
| 3 Month Average | -1.516 % | £-4,245 | £275,754 |
| 6 Month Average | 0.069 % | £192 | £280,192 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £167,938 | £165,000 | FLAT 40 FERN COURT, 11 EAST STREET |
| 29 Sep 2023 | £172,202 | £170,000 | FLAT 12 FERN COURT, 11 EAST STREET |
| 29 Sep 2023 | £253,238 | £250,000 | FLAT 43 FERN COURT, 11 EAST STREET |
| 24 Aug 2023 | £247,162 | £245,000 | FLAT 53 FERN COURT, 11 EAST STREET |
| 6 Feb 2023 | £299,798 | £300,000 | 17 CHAPEL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Oct 2021. Using an estimated price of £302,824 means this house is valued at £4,588 per sq meter (£426 per sq foot).
The average size of a house on EAST STREET is 65 sq meters (710 sq feet).