£290,525
This estimated value is based upon the latest sale price for the house of £275,000 on 28 Feb 2022. 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 |
|---|---|
| £275,000 | 28 Feb 2022 |
| £102,000 | 28 Jun 2017 |
| £135,000 | 14 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £275,000 results in an estimated price of approximately £290,525.
| 28 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £275,000 | £15,525 | £290,525 |
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 | 27.886 % | £76,687 | £351,687 |
| 3 Month Average | -0.558 % | £-1,534 | £273,465 |
| 6 Month Average | -0.531 % | £-1,459 | £273,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £591,861 | £580,000 | 38 CONISTON ROAD |
| 2 Jun 2023 | £445,937 | £437,000 | 6 COLYERS LANE |
| 28 Feb 2023 | £388,596 | £386,000 | 31 BARNEHURST AVENUE |
| 7 Feb 2023 | £422,824 | £420,000 | 424 ERITH ROAD |
| 20 Jan 2023 | £396,058 | £395,000 | 406 ERITH ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 31 Jan 2017. Using an estimated price of £290,526 means this house is valued at £4,401 per sq meter (£408 per sq foot).
The average size of a house on BARNEHURST AVENUE is 104 sq meters (1,120 sq feet).