£223,856
This estimated value is based upon the latest sale price for the house of £48,500 on 19 Nov 1998. 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 |
|---|---|
| £48,500 | 19 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 November 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 361.559%.Applying this 361.559% change to the original purchase price of £48,500 results in an estimated price of approximately £223,856.
| 19 Nov 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.0 | 361.559 % | £48,500 | £175,356 | £223,856 |
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 | 296.333 % | £143,721 | £192,221 |
| 3 Month Average | 310.076 % | £150,386 | £198,886 |
| 6 Month Average | 301.895 % | £146,419 | £194,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £423,003 | £415,000 | 15 WESSEX DRIVE |
| 30 Nov 2023 | £131,691 | £130,000 | 171 WESSEX DRIVE |
| 14 Aug 2023 | £222,352 | £221,000 | 107 WESSEX DRIVE |
| 25 Jul 2023 | £146,385 | £145,000 | 5 BRIDGE ROAD |
| 17 Apr 2023 | £402,995 | £400,000 | 50 WESSEX DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 8 Feb 2014. Using an estimated price of £223,856 means this house is valued at £3,443 per sq meter (£319 per sq foot).
The average size of a house on WESSEX DRIVE is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Wessex Drive |
| Feb 2024 | Other theft | Under investigation | On or near Wessex Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chesworth Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Chesworth Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |