£75,123
This estimated value is based upon the latest sale price for the house of £60,909 on 12 Jul 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 |
---|---|
£60,909 | 12 Jul 2019 |
£194,995 | 25 Jul 2016 |
Freehold |
Floor Area: 53 sq meters or 570 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £60,909 results in an estimated price of approximately £75,123.
12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £60,909 | £14,214 | £75,123 |
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 | -7.808 % | £-4,755 | £56,153 |
3 Month Average | 2.495 % | £1,519 | £62,428 |
6 Month Average | -0.380 % | £-231 | £60,677 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2022 | £458,479 | £452,000 | 9 CHROME ROAD |
6 May 2022 | £1,024,300 | £1,005,000 | 176 SLADE GREEN ROAD |
15 Mar 2022 | £455,955 | £440,000 | 5 COBALT ROAD |
25 Jan 2022 | £210,482 | £200,000 | 2 JASPER COURT RAINBOW ROAD |
3 Nov 2021 | £443,421 | £410,000 | 87 RAINBOW ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 29 Jun 2016. Using an estimated price of £75,124 means this house is valued at £1,417 per sq meter (£131 per sq foot).
The average size of a house on RAINBOW ROAD is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Garnet Road | |
Jan 2024 | Other theft | Under investigation | On or near Garnet Road |
Jan 2024 | Anti-social behaviour | On or near Garnet Road | |
Jan 2024 | Anti-social behaviour | On or near Garnet Road |