£340,354
This estimated value is based upon the latest sale price for the house of £285,000 on 6 Aug 2020. 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 |
|---|---|
| £285,000 | 6 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £285,000 results in an estimated price of approximately £340,354.
| 6 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £285,000 | £55,354 | £340,354 |
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 | 5.263 % | £14,999 | £299,999 |
| 3 Month Average | 19.549 % | £55,715 | £340,715 |
| 6 Month Average | 5.148 % | £14,671 | £299,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £351,186 | £350,000 | 17 CRUSOE ROAD |
| 12 Dec 2023 | £397,521 | £390,000 | 32 ALFORD ROAD |
| 22 Nov 2023 | £364,682 | £360,000 | 3 FRIDAY ROAD |
| 20 Jan 2023 | £344,474 | £347,500 | 9 FRIDAY ROAD |
| 15 Jul 2022 | £356,518 | £357,000 | 26 ALFORD ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 12 Mar 2020. Using an estimated price of £340,354 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on FRIDAY ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alford Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alford Road |
| Mar 2024 | Anti-social behaviour | On or near Crusoe Road | |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Crusoe Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Church Road |