£23,179
This estimated value is based upon the latest sale price for the house of £19,000 on 30 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
41 Bexley Road, Erith, DA8 1SH
Phone: 01322584528
Price Paid | Date |
---|---|
£19,000 | 30 Jun 2020 |
£35,000 | 5 Jan 1996 |
Leasehold |
Floor Area: 41 sq meters or 441 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 £19,000 results in an estimated price of approximately £23,179.
30 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £19,000 | £4,179 | £23,179 |
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 % | £-7,485 | £11,514 |
3 Month Average | 0.942 % | £178 | £19,178 |
6 Month Average | 18.784 % | £3,569 | £22,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £299,194 | £290,000 | 7 DOYLE CLOSE |
31 Aug 2023 | £244,408 | £240,000 | 4 LARGO WALK |
23 Aug 2023 | £241,862 | £237,500 | 38 DRUMMOND CLOSE |
26 Jun 2023 | £326,544 | £320,000 | 42 DRUMMOND CLOSE |
19 Aug 2022 | £286,339 | £285,000 | 8 DRUMMOND CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 1 Dec 2014. Using an estimated price of £23,180 means this house is valued at £565 per sq meter (£52 per sq foot).
The average size of a house on DRUMMOND CLOSE is 57 sq meters (614 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).