£341,626
This estimated value is based upon the latest sale price for the house of £197,700 on 20 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Arran Close
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76 West Street, Erith, DA8 1AQ
Phone: 01322352496
Price Paid | Date |
---|---|
£197,700 | 20 Jul 2011 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,166 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £197,700 results in an estimated price of approximately £341,626.
20 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.800 % | £197,700 | £143,926 | £341,626 |
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 | 89.863 % | £177,658 | £375,358 |
3 Month Average | 81.037 % | £160,210 | £357,910 |
6 Month Average | 84.853 % | £167,754 | £365,454 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £187,396 | £185,000 | 12 FRASER ROAD |
7 Aug 2023 | £494,325 | £490,000 | 4 PARK CRESCENT ROAD |
28 Jul 2023 | £481,480 | £475,000 | 19 PARK CRESCENT ROAD |
24 Jul 2023 | £471,344 | £465,000 | 87 BEXLEY ROAD |
14 Jul 2023 | £392,280 | £387,000 | 74 BEXLEY ROAD |
This house has a floor area of 108 sq meters or 1,166 sq feet when measured on 26 Oct 2011. Using an estimated price of £341,627 means this house is valued at £3,151 per sq meter (£292 per sq foot).
The average size of a house on ARRAN CLOSE is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Arran Close |
Mar 2024 | Vehicle crime | Under investigation | On or near Arran Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Crescent |
Feb 2024 | Public order | Under investigation | On or near Bexley Road |
Mar 2024 | Burglary | Under investigation | On or near Park Crescent Road |