£400,577
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
76 West Street, Erith, DA8 1AQ
Phone: 01322352496
| Price Paid | Date |
|---|---|
| £325,000 | 14 Feb 2020 |
| Terraced |
| 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £325,000 results in an estimated price of approximately £400,577.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £325,000 | £75,577 | £400,577 |
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 | 17.091 % | £55,546 | £380,546 |
| 3 Month Average | 15.077 % | £49,000 | £374,000 |
| 6 Month Average | 16.515 % | £53,673 | £378,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £224,499 | £220,000 | 46A WEST STREET |
| 5 Jun 2023 | £352,055 | £345,000 | 7 MAXIMFELDT ROAD |
| 31 Mar 2023 | £233,906 | £230,000 | 3 MAXIMFELDT ROAD |
| 20 Jan 2023 | £235,630 | £235,000 | 21 CRICKETERS CLOSE |
| 4 Apr 2022 | £233,420 | £225,000 | 72 CRICKETERS CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Sep 2019. Using an estimated price of £400,578 means this house is valued at £4,768 per sq meter (£443 per sq foot).
The average size of a house on MAXIMFELDT ROAD is 90 sq meters (973 sq feet).