£316,224
This estimated value is based upon the latest sale price for the house of £183,000 on 15 Jul 2011. 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 |
|---|---|
| £183,000 | 15 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 854 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £183,000 results in an estimated price of approximately £316,224.
| 15 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £183,000 | £133,224 | £316,224 |
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 | 8.855 % | £16,203 | £199,203 |
| 3 Month Average | 66.945 % | £122,509 | £305,509 |
| 6 Month Average | 91.765 % | £167,929 | £350,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £420,089 | £415,000 | 50 ALDERNEY ROAD |
| 8 Jun 2023 | £417,558 | £412,500 | 274 SLADE GREEN ROAD |
| 21 Apr 2023 | £429,626 | £425,000 | 118 ALDERNEY ROAD |
| 1 Mar 2023 | £441,156 | £437,000 | 34 ALDERNEY ROAD |
| 4 Aug 2022 | £488,685 | £490,000 | 102 ALDERNEY ROAD |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 13 Apr 2011. Using an estimated price of £316,225 means this house is valued at £3,982 per sq meter (£370 per sq foot).
The average size of a house on SLADE GREEN ROAD is 92 sq meters (996 sq feet).