£434,833
This estimated value is based upon the latest sale price for the house of £231,000 on 15 Nov 2004. 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 |
|---|---|
| £231,000 | 15 Nov 2004 |
| Semi-Detached |
| 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £231,000 results in an estimated price of approximately £434,833.
| 15 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £231,000 | £203,833 | £434,833 |
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 | 1.424 % | £3,289 | £234,289 |
| 3 Month Average | 75.019 % | £173,292 | £404,292 |
| 6 Month Average | 103.663 % | £239,461 | £470,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £521,670 | £515,000 | 3 CHESWORTH CLOSE |
| 27 Jun 2023 | £404,905 | £400,000 | 27 WESSEX DRIVE |
| 10 Aug 2022 | £504,143 | £505,500 | 10 CHESWORTH CLOSE |
| 15 Jul 2022 | £439,684 | £438,500 | 58 CUMBRIAN AVENUE |
| 24 Jun 2022 | £267,277 | £263,500 | 97 WESSEX DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Hurstwood Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Hurstwood Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Hurstwood Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Hurstwood Avenue |