£279,074
This estimated value is based upon the latest sale price for the house of £148,000 on 21 Dec 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 |
|---|---|
| £148,000 | 21 Dec 2004 |
| £78,995 | 27 Aug 1998 |
| 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 2004 the House Price Index for GREATER LONDON was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £148,000 results in an estimated price of approximately £279,074.
| 21 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £148,000 | £131,074 | £279,074 |
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 | 11.714 % | £17,337 | £165,337 |
| 3 Month Average | 77.381 % | £114,524 | £262,524 |
| 6 Month Average | 102.019 % | £150,988 | £298,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £335,877 | £330,000 | 5 SANDPIPER DRIVE |
| 3 Nov 2023 | £248,682 | £245,000 | 80 SANDPIPER DRIVE |
| 16 Jun 2023 | £336,071 | £332,000 | 72 SANDPIPER DRIVE |
| 31 Aug 2021 | £334,685 | £300,000 | 62 SANDPIPER DRIVE |
| 28 Jul 2021 | £362,019 | £315,000 | 35 WALLHOUSE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Aug 2019. Using an estimated price of £279,074 means this house is valued at £4,574 per sq meter (£425 per sq foot).
The average size of a house on SANDPIPER DRIVE is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sandpiper Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandpiper Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandpiper Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Widgeon Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Widgeon Road |