£263,546
This estimated value is based upon the latest sale price for the house of £165,000 on 17 Jan 2014. 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 |
|---|---|
| £165,000 | 17 Jan 2014 |
| £45,000 | 5 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £165,000 results in an estimated price of approximately £263,546.
| 17 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £165,000 | £98,546 | £263,546 |
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 | -5.866 % | £-9,678 | £155,321 |
| 3 Month Average | 53.489 % | £88,256 | £253,256 |
| 6 Month Average | 68.773 % | £113,475 | £278,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £417,558 | £412,500 | 274 SLADE GREEN ROAD |
| 14 Apr 2022 | £391,324 | £380,000 | 16 SHEPPEY CLOSE |
| 1 Dec 2021 | £380,339 | £355,000 | 10 LONGREACH ROAD |
| 25 Oct 2021 | £277,726 | £251,000 | 2 HILDEN DRIVE |
| 13 Sep 2021 | £382,545 | £355,000 | 272 SLADE GREEN ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Mar 2014. Using an estimated price of £263,547 means this house is valued at £3,100 per sq meter (£288 per sq foot).
The average size of a house on BEACON ROAD is 84 sq meters (913 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 | |
| Jan 2024 | Anti-social behaviour | On or near Hilden Drive | |
| Jan 2024 | Anti-social behaviour | On or near Hilden Drive |