£431,711
This estimated value is based upon the latest sale price for the house of £340,000 on 24 Jul 2017. 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 |
---|---|
£340,000 | 24 Jul 2017 |
£73,950 | 31 Jan 1996 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £340,000 results in an estimated price of approximately £431,711.
24 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.0 | 26.974 % | £340,000 | £91,711 | £431,711 |
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 | 14.998 % | £50,994 | £390,994 |
3 Month Average | 17.587 % | £59,796 | £399,796 |
6 Month Average | 13.346 % | £45,376 | £385,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2022 | £362,550 | £365,000 | 23 CANADA ROAD |
20 Jun 2022 | £323,276 | £320,000 | 16 DABBLING CLOSE |
13 May 2022 | £218,244 | £215,000 | 51 CANADA ROAD |
4 Nov 2021 | £400,699 | £372,000 | 24 DABBLING CLOSE |
23 Jul 2021 | £343,387 | £300,000 | 17 DABBLING CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 Mar 2017. Using an estimated price of £431,712 means this house is valued at £5,913 per sq meter (£549 per sq foot).
The average size of a house on CANADA ROAD is 62 sq meters (672 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near Dabbling Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Canada Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Canada Road |
Feb 2024 | Public order | Under investigation | On or near Canada Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Snipe Close |