£365,993
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Jun 2020. 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 |
---|---|
£300,000 | 19 Jun 2020 |
£235,500 | 24 Jul 2015 |
£59,995 | 24 Jul 1998 |
Terraced |
Freehold |
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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £300,000 results in an estimated price of approximately £365,993.
19 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £300,000 | £65,993 | £365,993 |
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 | -39.396 % | £-118,187 | £181,812 |
3 Month Average | 0.942 % | £2,825 | £302,825 |
6 Month Average | 18.784 % | £56,353 | £356,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £251,381 | £245,000 | 80 SANDPIPER DRIVE |
16 Jun 2023 | £338,789 | £332,000 | 72 SANDPIPER DRIVE |
17 Feb 2023 | £339,770 | £337,500 | 20 SANDPIPER DRIVE |
16 May 2022 | £323,426 | £315,000 | 8 SANDPIPER DRIVE |
31 Aug 2021 | £337,162 | £300,000 | 62 SANDPIPER DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Aug 2015. Using an estimated price of £365,994 means this house is valued at £5,630 per sq meter (£523 per sq foot).
The average size of a house on JENNINGTREE ROAD is 88 sq meters (957 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Webber Close |
Apr 2024 | Other theft | Under investigation | On or near Sandpiper Drive |