£311,719
This estimated value is based upon the latest sale price for the house of £55,350 on 27 Nov 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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41 Bexley Road, Erith, DA8 1SH
Phone: 01322584528
| Price Paid | Date |
|---|---|
| £55,350 | 27 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 November 1995 the House Price Index for GREATER LONDON was 26.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 463.180%.Applying this 463.180% change to the original purchase price of £55,350 results in an estimated price of approximately £311,719.
| 27 Nov 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.0 | 146.7 | 463.180 % | £55,350 | £256,369 | £311,719 |
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 | 183.730 % | £101,694 | £157,044 |
| 3 Month Average | 349.598 % | £193,502 | £248,852 |
| 6 Month Average | 382.635 % | £211,788 | £267,138 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Mar 2019.
The average size of a house on LAPWING CLOSE is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Under investigation | On or near Moorhen Close |