£299,207
This estimated value is based upon the latest sale price for the house of £59,950 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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226 Bexley Road, Erith, DA8 3HB
Phone: 01322352237
| Price Paid | Date |
|---|---|
| £59,950 | 31 Oct 1997 |
| Flats/Maisonettes |
| Freehold |
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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £59,950 results in an estimated price of approximately £299,207.
| 31 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £59,950 | £239,257 | £299,207 |
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 | 320.573 % | £192,183 | £252,133 |
| 3 Month Average | 343.579 % | £205,975 | £265,925 |
| 6 Month Average | 352.041 % | £211,048 | £270,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £302,628 | £300,000 | 283 BROOK STREET |
| 20 Nov 2023 | £389,897 | £380,000 | 165 BROOK STREET |
| 30 Aug 2023 | £285,143 | £280,000 | 264 BROOK STREET |
| 24 Aug 2023 | £458,265 | £450,000 | 21 THE DRIVE |
| 6 Apr 2023 | £363,805 | £357,000 | 257 BROOK STREET |