£1,024,300
This estimated value is based upon the latest sale price for the house of £1,005,000 on 6 May 2022. 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 |
|---|---|
| £1,005,000 | 6 May 2022 |
| £290,800 | 4 Jan 2018 |
| Freehold |
| Floor Area: 77 sq meters or 828 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £1,005,000 results in an estimated price of approximately £1,024,300.
| 6 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £1,005,000 | £19,300 | £1,024,300 |
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 | -30.839 % | £-309,932 | £695,067 |
| 3 Month Average | -13.857 % | £-139,264 | £865,735 |
| 6 Month Average | -11.605 % | £-116,631 | £888,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £169,510 | £167,000 | 47 ELM ROAD |
| 10 Aug 2023 | £325,851 | £323,000 | 13 ELM ROAD |
| 9 Aug 2023 | £327,868 | £325,000 | 59 ELM ROAD |
| 6 May 2022 | £1,024,300 | £1,005,000 | 176 SLADE GREEN ROAD |
| 25 Jan 2022 | £210,482 | £200,000 | 2 JASPER COURT RAINBOW ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 9 Aug 2017. Using an estimated price of £1,024,300 means this house is valued at £13,302 per sq meter (£1,235 per sq foot).
The average size of a house on SLADE GREEN ROAD is 92 sq meters (996 sq feet).