£487,059
This estimated value is based upon the latest sale price for the house of £365,000 on 28 Oct 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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233-235 Bexley Road, Northumberland Heath, DA8 3EX
Phone: 02036417138
| Price Paid | Date |
|---|---|
| £365,000 | 28 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £365,000 results in an estimated price of approximately £487,059.
| 28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £365,000 | £122,059 | £487,059 |
The Postcode Pricing Model uses changes in average sales price within the DA8 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 | 33.813 % | £123,416 | £488,416 |
| 3 Month Average | 26.673 % | £97,357 | £462,357 |
| 6 Month Average | 26.474 % | £96,629 | £461,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £521,404 | £512,000 | 27 BUXTON ROAD |
| 20 Apr 2023 | £356,671 | £350,000 | 198 PARK CRESCENT |
| 11 Nov 2022 | £472,789 | £475,000 | 15 BUXTON ROAD |
| 29 Jul 2022 | £444,453 | £440,000 | 11 ELM GROVE |
| 31 Mar 2022 | £448,891 | £430,000 | 2 ELM GROVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 28 Aug 2015. Using an estimated price of £487,060 means this house is valued at £4,870 per sq meter (£452 per sq foot).
The average size of a house on MORTIMER ROAD is 136 sq meters (1,464 sq feet).
This house is the smallest in the street with a floor area of 100 sq meters (1,076 sq feet).