£511,401
This estimated value is based upon the latest sale price for the house of £414,000 on 22 Feb 2019. 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 |
|---|---|
| £414,000 | 22 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £414,000 results in an estimated price of approximately £511,401.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £414,000 | £97,401 | £511,401 |
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 | 14.874 % | £61,579 | £475,579 |
| 3 Month Average | 10.792 % | £44,679 | £458,679 |
| 6 Month Average | 6.113 % | £25,306 | £439,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2022 | £289,493 | £293,000 | 1 SIMS CLOSE |
| 28 Oct 2022 | £405,633 | £410,000 | 94 SLADE GREEN ROAD |
| 31 May 2022 | £270,089 | £265,000 | 64A PEARESWOOD ROAD |
| 13 May 2022 | £476,988 | £468,000 | 4 NEWHAM WAY |
| 23 Mar 2022 | £347,148 | £335,000 | FLAT 1 ZIRCON COURT, 1 RICHMER ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 4 Feb 2019. Using an estimated price of £511,401 means this house is valued at £4,566 per sq meter (£424 per sq foot).
The average size of a house on RICHMER ROAD is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sim Close |
| Jan 2024 | Burglary | Under investigation | On or near Freeland Way |
| Jan 2024 | Anti-social behaviour | On or near Codd Way | |
| Jan 2024 | Anti-social behaviour | On or near Codd Way | |
| Jan 2024 | Public order | Under investigation | On or near Codd Way |