£212,867
This estimated value is based upon the latest sale price for the house of £125,000 on 28 Sep 2012. 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 |
|---|---|
| £125,000 | 28 Sep 2012 |
| £61,995 | 25 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 757 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £125,000 results in an estimated price of approximately £212,867.
| 28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £125,000 | £87,867 | £212,867 |
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 | 6.806 % | £8,508 | £133,508 |
| 3 Month Average | 69.060 % | £86,324 | £211,324 |
| 6 Month Average | 90.629 % | £113,286 | £238,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £422,390 | £415,000 | 15 WESSEX DRIVE |
| 30 Nov 2023 | £131,954 | £130,000 | 171 WESSEX DRIVE |
| 20 Sep 2023 | £521,670 | £515,000 | 3 CHESWORTH CLOSE |
| 14 Aug 2023 | £222,950 | £221,000 | 107 WESSEX DRIVE |
| 25 Jul 2023 | £146,978 | £145,000 | 5 BRIDGE ROAD |
This house has a floor area of 70 sq meters or 757 sq feet when measured on 28 Sep 2011. Using an estimated price of £212,867 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on WESSEX DRIVE is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Chesworth Close |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Chesworth Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |