£970,709
This estimated value is based upon the latest sale price for the house of £780,000 on 18 Jan 2019. 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 |
---|---|
£780,000 | 18 Jan 2019 |
£499,995 | 24 Aug 2012 |
Detached |
Freehold |
Floor Area: 159 sq meters or 1,711 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £780,000 results in an estimated price of approximately £970,709.
18 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £780,000 | £190,709 | £970,709 |
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 | 7.862 % | £61,323 | £841,323 |
3 Month Average | 22.346 % | £174,296 | £954,296 |
6 Month Average | 15.014 % | £117,106 | £897,106 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £529,599 | £525,000 | 74 PARKHILL ROAD |
28 Mar 2024 | £949,590 | £935,000 | 48 PARKHILL ROAD |
22 Nov 2023 | £531,491 | £518,000 | 78 PARKHILL ROAD |
17 Nov 2023 | £302,683 | £295,000 | FLAT 10 BALMORAL GARDENS |
14 Aug 2023 | £203,673 | £200,000 | FLAT 7 72 PARKHILL ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 25 Nov 2017. Using an estimated price of £970,710 means this house is valued at £6,105 per sq meter (£567 per sq foot).
The average size of a house on WARWICK CLOSE is 155 sq meters (1,674 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).