£293,750
This estimated value is based upon the latest sale price for the house of £119,000 on 21 Feb 2003. 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 |
---|---|
£119,000 | 21 Feb 2003 |
£68,500 | 6 Jul 2000 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 2003 the House Price Index for GREATER LONDON was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £119,000 results in an estimated price of approximately £293,750.
21 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.6 | 149.7 | 146.849 % | £119,000 | £174,750 | £293,750 |
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 | 136.984 % | £163,011 | £282,011 |
3 Month Average | 154.643 % | £184,024 | £303,024 |
6 Month Average | 163.969 % | £195,123 | £314,123 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £259,725 | £254,000 | 23 APPOLD STREET |
29 Nov 2022 | £164,232 | £165,000 | 33 COLUMBUS SQUARE |
22 Apr 2022 | £321,601 | £310,000 | 36 MARINERS WALK |
3 Mar 2022 | £171,205 | £164,000 | 22 MARINERS WALK |
21 Sep 2021 | £396,233 | £365,000 | 41 CRESCENT ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 29 Oct 2021. Using an estimated price of £293,751 means this house is valued at £5,064 per sq meter (£470 per sq foot).
The average size of a house on MANOR ROAD is 69 sq meters (744 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Appold Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Appold Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Appold Street |
Apr 2024 | Anti-social behaviour | On or near Cornwallis Close | |
Apr 2024 | Anti-social behaviour | On or near Cornwallis Close |