£443,612
This estimated value is based upon the latest sale price for the house of £350,000 on 21 Sep 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 |
|---|---|
| £350,000 | 21 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £350,000 results in an estimated price of approximately £443,612.
| 21 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £350,000 | £93,612 | £443,612 |
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 | 67.222 % | £235,278 | £585,278 |
| 3 Month Average | 14.021 % | £49,073 | £399,073 |
| 6 Month Average | 15.815 % | £55,351 | £405,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £365,410 | £360,000 | 119 HEATH WAY |
| 30 Aug 2023 | £443,883 | £440,000 | 56 NORTHUMBERLAND WAY |
| 30 Jan 2023 | £647,450 | £650,500 | 9 FAIRFORD AVENUE |
| 24 Jun 2022 | £456,451 | £450,000 | 55 NORTHUMBERLAND WAY |
| 13 Jun 2022 | £390,519 | £385,000 | 19 HEATH WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 May 2017. Using an estimated price of £443,613 means this house is valued at £5,281 per sq meter (£490 per sq foot).
The average size of a house on FAIRFORD AVENUE is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Northumberland Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Northumberland Way |
| Apr 2024 | Anti-social behaviour | On or near Barnehurst Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Barnehurst Avenue | |
| Feb 2024 | Burglary | Under investigation | On or near Heath Way |