£142,383
This estimated value is based upon the latest sale price for the house of £38,000 on 7 Jul 2000. 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 |
---|---|
£38,000 | 7 Jul 2000 |
Flats/Maisonettes |
Freehold |
Floor Area: 95 sq meters or 1,022 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 July 2000 the House Price Index for GREATER LONDON was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £38,000 results in an estimated price of approximately £142,383.
7 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 149.7 | 274.694 % | £38,000 | £104,383 | £142,383 |
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 | 198.344 % | £75,370 | £113,370 |
3 Month Average | 295.615 % | £112,333 | £150,333 |
6 Month Average | 264.084 % | £100,351 | £138,351 |
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 | £562,631 | £560,000 | 440 HURST ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 18 Jul 2018. Using an estimated price of £142,384 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on THE NORTH GLADE is 114 sq meters (1,229 sq feet).