£622,643
This estimated value is based upon the latest sale price for the house of £500,000 on 24 May 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 |
|---|---|
| £500,000 | 24 May 2019 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £500,000 results in an estimated price of approximately £622,643.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £500,000 | £122,643 | £622,643 |
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 | -18.640 % | £-93,199 | £406,800 |
| 3 Month Average | 33.720 % | £168,601 | £668,601 |
| 6 Month Average | 22.408 % | £112,040 | £612,040 |
| 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 |
| 15 Mar 2024 | £324,993 | £320,000 | FLAT 5 ASCOT COURT, 66 PARKHILL ROAD |
| 7 Mar 2024 | £314,837 | £310,000 | FLAT 11 ASCOT COURT, 66 PARKHILL ROAD |
| 22 Nov 2023 | £531,491 | £518,000 | 78 PARKHILL ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 26 Sep 2016. Using an estimated price of £622,644 means this house is valued at £7,156 per sq meter (£664 per sq foot).
There is one other house on the street which we know the size of, this is 5 PARKHURST GARDENS it is 90.96