£490,622
This estimated value is based upon the latest sale price for the house of £315,000 on 23 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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124 Broadway, Bexleyheath, DA6 7DQ
Phone: 02036415672
| Price Paid | Date |
|---|---|
| £315,000 | 23 May 2014 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £315,000 results in an estimated price of approximately £490,622.
| 23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £315,000 | £175,622 | £490,622 |
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 | 28.126 % | £88,596 | £403,596 |
| 3 Month Average | 69.522 % | £218,994 | £533,994 |
| 6 Month Average | 64.070 % | £201,820 | £516,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £716,001 | £705,000 | 225 UPTON ROAD SOUTH |
| 26 Mar 2024 | £652,525 | £642,500 | 217 UPTON ROAD SOUTH |
| 8 Nov 2023 | £692,581 | £675,000 | 13 HARTLANDS CLOSE |
| 27 Sep 2023 | £726,004 | £710,000 | 17 HARTLANDS CLOSE |
| 1 Sep 2023 | £720,891 | £705,000 | 4 ARUNDEL CLOSE |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 16 Mar 2015. Using an estimated price of £490,623 means this house is valued at £2,937 per sq meter (£272 per sq foot).
The average size of a house on ARUNDEL CLOSE is 122 sq meters (1,322 sq feet).
This house is the largest in the street with a floor area of 167 sq meters (1,797 sq feet).