£282,850
This estimated value is based upon the latest sale price for the house of £132,000 on 26 Jan 2004. 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 |
|---|---|
| £132,000 | 26 Jan 2004 |
| £84,500 | 6 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 606 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 January 2004 the House Price Index for GREATER LONDON was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £132,000 results in an estimated price of approximately £282,850.
| 26 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £132,000 | £150,850 | £282,850 |
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 | 128.481 % | £169,594 | £301,594 |
| 3 Month Average | 122.670 % | £161,925 | £293,925 |
| 6 Month Average | 113.326 % | £149,589 | £281,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £239,596 | £237,500 | 38 DRUMMOND CLOSE |
| 26 Jun 2023 | £323,924 | £320,000 | 42 DRUMMOND CLOSE |
| 19 Aug 2022 | £284,235 | £285,000 | 8 DRUMMOND CLOSE |
| 10 Jun 2022 | £253,584 | £250,000 | 3 DRUMMOND CLOSE |
| 31 May 2022 | £290,473 | £285,000 | 14 DRUMMOND CLOSE |
This house has a floor area of 56 sq meters or 606 sq feet when measured on 9 Mar 2011. Using an estimated price of £282,851 means this house is valued at £5,023 per sq meter (£466 per sq foot).
The average size of a house on COLYERS LANE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Doyle Close |
| Jan 2024 | Anti-social behaviour | On or near Selkirk Drive | |
| Jan 2024 | Anti-social behaviour | On or near Selkirk Drive | |
| Jan 2024 | Anti-social behaviour | On or near Selkirk Drive |