£335,531
This estimated value is based upon the latest sale price for the house of £270,000 on 7 Dec 2018. 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 |
---|---|
£270,000 | 7 Dec 2018 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £270,000 results in an estimated price of approximately £335,531.
7 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £270,000 | £65,531 | £335,531 |
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 | 24.963 % | £67,400 | £337,400 |
3 Month Average | 15.868 % | £42,843 | £312,843 |
6 Month Average | 16.069 % | £43,386 | £313,386 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £353,018 | £345,000 | 267 SLADE GREEN ROAD |
15 Jun 2023 | £423,487 | £415,000 | 50 ALDERNEY ROAD |
8 Jun 2023 | £420,936 | £412,500 | 274 SLADE GREEN ROAD |
21 Apr 2023 | £433,101 | £425,000 | 118 ALDERNEY ROAD |
1 Mar 2023 | £444,422 | £437,000 | 34 ALDERNEY ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Apr 2018. Using an estimated price of £335,532 means this house is valued at £4,042 per sq meter (£375 per sq foot).
The average size of a house on ALDERNEY ROAD is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Grange Way | |
Apr 2024 | Anti-social behaviour | On or near Grange Way | |
Apr 2024 | Anti-social behaviour | On or near Grange Way | |
Apr 2024 | Anti-social behaviour | On or near Grange Way |