£591,878
This estimated value is based upon the latest sale price for the house of £475,000 on 22 Aug 2018. 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 |
---|---|
£475,000 | 22 Aug 2018 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £475,000 results in an estimated price of approximately £591,878.
22 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £475,000 | £116,878 | £591,878 |
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 | -2.095 % | £-9,949 | £465,050 |
3 Month Average | 39.434 % | £187,313 | £662,313 |
6 Month Average | 26.502 % | £125,885 | £600,885 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £545,000 | £545,000 | 6 GRANGEWOOD |
22 Mar 2024 | £609,362 | £600,000 | 7 WOODSTOCK CLOSE |
15 Mar 2024 | £629,674 | £620,000 | 595 HURST ROAD |
22 Aug 2023 | £514,275 | £505,000 | 3 THE SOUTH GLADE |
26 Aug 2022 | £778,641 | £775,000 | 601 HURST ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 7 Sep 2017. Using an estimated price of £591,879 means this house is valued at £5,237 per sq meter (£486 per sq foot).
The average size of a house on THE NORTH GLADE is 114 sq meters (1,229 sq feet).