£438,986
This estimated value is based upon the latest sale price for the house of £283,500 on 10 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Pickford Lane, Bexleyheath, DA7 4QW
Phone: 02077681642
Price Paid | Date |
---|---|
£283,500 | 10 Jun 2014 |
£92,500 | 31 Mar 2000 |
£65,000 | 31 May 1996 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £283,500 results in an estimated price of approximately £438,986.
10 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £283,500 | £155,486 | £438,986 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 62.853 % | £178,187 | £461,687 |
3 Month Average | 61.131 % | £173,306 | £456,806 |
6 Month Average | 59.780 % | £169,476 | £452,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £291,424 | £285,000 | 26 BRISTOW ROAD |
18 Aug 2023 | £598,800 | £588,000 | 31 HEATHSIDE AVENUE |
29 Jun 2023 | £467,366 | £458,000 | 16 HEATHSIDE AVENUE |
11 Nov 2022 | £383,208 | £385,000 | 29 HARRIS ROAD |
17 May 2022 | £503,107 | £490,000 | 25 HEATHSIDE AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Jan 2014. Using an estimated price of £438,986 means this house is valued at £5,701 per sq meter (£529 per sq foot).
The average size of a house on CANNON ROAD is 71 sq meters (768 sq feet).