£353,554
This estimated value is based upon the latest sale price for the house of £330,000 on 17 Dec 2021. 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 |
|---|---|
| £330,000 | 17 Dec 2021 |
| £89,995 | 15 Sep 2000 |
| £60,750 | 2 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £330,000 results in an estimated price of approximately £353,554.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £330,000 | £23,554 | £353,554 |
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 | -53.134 % | £-175,340 | £154,659 |
| 3 Month Average | -16.236 % | £-53,578 | £276,421 |
| 6 Month Average | 3.018 % | £9,960 | £339,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2022 | £364,020 | £365,000 | 23 CANADA ROAD |
| 13 May 2022 | £219,129 | £215,000 | 51 CANADA ROAD |
| 17 Dec 2021 | £353,554 | £330,000 | 27 SNIPE CLOSE |
| 20 Aug 2021 | £424,492 | £380,500 | 12 LONGREACH ROAD |
| 30 Jun 2021 | £311,148 | £290,000 | 19 CANADA ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 28 Sep 2021. Using an estimated price of £353,554 means this house is valued at £5,795 per sq meter (£538 per sq foot).
The average size of a house on SNIPE CLOSE is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Longreach Road | |
| Jan 2024 | Anti-social behaviour | On or near Longreach Road | |
| Jan 2024 | Anti-social behaviour | On or near Longreach Road |