£622,343
This estimated value is based upon the latest sale price for the house of £490,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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226 Bexley Road, Erith, DA8 3HB
Phone: 01322352237
| Price Paid | Date |
|---|---|
| £490,000 | 31 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £490,000 results in an estimated price of approximately £622,343.
| 31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £490,000 | £132,343 | £622,343 |
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 | 40.421 % | £198,062 | £688,062 |
| 3 Month Average | 13.488 % | £66,089 | £556,089 |
| 6 Month Average | 16.930 % | £82,957 | £572,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £341,049 | £336,000 | 43 BARNEHURST AVENUE |
| 27 Jun 2023 | £587,112 | £580,000 | 38 CONISTON ROAD |
| 28 Feb 2023 | £385,740 | £386,000 | 31 BARNEHURST AVENUE |
| 25 Aug 2022 | £1,097,047 | £1,100,000 | 95 BARNEHURST AVENUE |
| 20 May 2022 | £570,754 | £560,000 | 45A BARNEHURST AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 8 Feb 2017. Using an estimated price of £622,344 means this house is valued at £4,714 per sq meter (£438 per sq foot).
The average size of a house on CONISTON ROAD is 113 sq meters (1,223 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Barnehurst Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Barnehurst Avenue | |
| Mar 2024 | Public order | Under investigation | On or near Northumberland Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Northumberland Way |
| Jan 2024 | Vehicle crime | Under investigation | On or near Thirlmere Road |