£459,368
This estimated value is based upon the latest sale price for the house of £425,000 on 18 Jun 2021. 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 |
|---|---|
| £425,000 | 18 Jun 2021 |
| £169,995 | 23 Apr 2004 |
| £169,995 | 23 Apr 2004 |
| Semi-Detached |
| 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £425,000 results in an estimated price of approximately £459,368.
| 18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £425,000 | £34,368 | £459,368 |
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 | -11.913 % | £-50,629 | £374,370 |
| 3 Month Average | -7.562 % | £-32,136 | £392,863 |
| 6 Month Average | 5.005 % | £21,271 | £446,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £304,681 | £300,000 | 32 HALSTEAD ROAD |
| 15 Nov 2023 | £402,210 | £392,000 | 148 BIRLING ROAD |
| 12 Aug 2022 | £396,856 | £395,000 | 29 CHIPSTEAD ROAD |
| 23 Jun 2022 | £418,956 | £410,000 | 213 COLYERS LANE |
| 25 May 2022 | £282,356 | £275,000 | 30 HALSTEAD ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Sep 2014. Using an estimated price of £459,368 means this house is valued at £5,468 per sq meter (£508 per sq foot).
The average size of a house on BIRLING ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Halstead Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chipstead Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Close |