£245,118
This estimated value is based upon the latest sale price for the house of £158,000 on 23 Nov 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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76 West Street, Erith, DA8 1AQ
Phone: 01322352496
| Price Paid | Date |
|---|---|
| £158,000 | 23 Nov 2007 |
| £134,500 | 17 Nov 2003 |
| £46,000 | 27 Jan 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 594 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 2007 the House Price Index for GREATER LONDON was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £158,000 results in an estimated price of approximately £245,118.
| 23 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £158,000 | £87,118 | £245,118 |
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 | 1.474 % | £2,329 | £160,329 |
| 3 Month Average | 60.600 % | £95,747 | £253,747 |
| 6 Month Average | 77.493 % | £122,439 | £280,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £349,230 | £345,000 | 7 MAXIMFELDT ROAD |
| 31 Mar 2023 | £232,188 | £230,000 | 3 MAXIMFELDT ROAD |
| 26 Jul 2022 | £396,066 | £395,000 | 2 WINIFRED ROAD |
| 30 Sep 2021 | £377,157 | £350,000 | 19 WINIFRED ROAD |
| 30 Jun 2021 | £393,763 | £367,000 | 1 MAXIMFELDT ROAD |
This house has a floor area of 55 sq meters or 594 sq feet when measured on 7 Jan 2011. Using an estimated price of £245,119 means this house is valued at £4,440 per sq meter (£412 per sq foot).
The average size of a house on WINIFRED ROAD is 81 sq meters (878 sq feet).