£367,269
This estimated value is based upon the latest sale price for the house of £290,000 on 1 Dec 2017. 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 |
|---|---|
| £290,000 | 1 Dec 2017 |
| £192,500 | 30 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £290,000 results in an estimated price of approximately £367,269.
| 1 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £290,000 | £77,269 | £367,269 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 32.001 % | £92,801 | £382,801 |
| 3 Month Average | 11.934 % | £34,608 | £324,608 |
| 6 Month Average | 11.476 % | £33,279 | £323,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £377,000 | £377,000 | 7 NORMANDY WAY |
| 30 Oct 2023 | £415,435 | £406,000 | 13 NORMANDY WAY |
| 30 Oct 2023 | £358,134 | £350,000 | 31 NORMANDY WAY |
| 14 Apr 2023 | £392,338 | £385,000 | 11 NORMANDY WAY |
| 15 Jul 2022 | £442,938 | £438,500 | 58 CUMBRIAN AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 10 Jan 2014. Using an estimated price of £367,269 means this house is valued at £5,172 per sq meter (£480 per sq foot).
The average size of a house on PENNINE WAY is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Cumbrian Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Quantock Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Cheviot Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cheviot Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cheviot Close |