£273,789
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Jan 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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76 West Street, Erith, DA8 1AQ
Phone: 01322352496
Price Paid | Date |
---|---|
£220,000 | 28 Jan 2019 |
£164,500 | 20 Jul 2007 |
£45,000 | 29 May 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £220,000 results in an estimated price of approximately £273,789.
28 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £220,000 | £53,789 | £273,789 |
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 | -2.678 % | £-5,890 | £214,109 |
3 Month Average | 22.967 % | £50,527 | £270,527 |
6 Month Average | 19.664 % | £43,260 | £263,260 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £261,642 | £255,000 | 22 VALLEY ROAD |
27 Oct 2023 | £358,134 | £350,000 | 4 PEMBROKE ROAD |
6 Oct 2023 | £296,740 | £290,000 | 28 PEMBROKE ROAD |
30 Jun 2023 | £428,589 | £420,000 | 6 BRAMBLE CROFT |
29 Jun 2022 | £403,628 | £395,000 | 5 PARK GARDENS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 25 Jun 2018. Using an estimated price of £273,790 means this house is valued at £4,086 per sq meter (£379 per sq foot).
The average size of a house on VALLEY ROAD is 79 sq meters (860 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Battle Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Pembroke Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Road |