£392,920
This estimated value is based upon the latest sale price for the house of £300,000 on 23 Feb 2017. 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 |
|---|---|
| £300,000 | 23 Feb 2017 |
| £175,000 | 25 May 2006 |
| £131,000 | 5 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 February 2017 the House Price Index for GREATER LONDON was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £300,000 results in an estimated price of approximately £392,920.
| 23 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £300,000 | £92,920 | £392,920 |
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 | 22.039 % | £66,117 | £366,117 |
| 3 Month Average | 11.640 % | £34,919 | £334,919 |
| 6 Month Average | 24.420 % | £73,259 | £373,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £333,465 | £325,000 | 10 SANDCLIFF ROAD |
| 13 May 2022 | £246,420 | £240,000 | 25 VICKERS ROAD |
| 22 Apr 2022 | £178,955 | £172,500 | 19 VICKERS ROAD |
| 5 Apr 2022 | £347,536 | £335,000 | 2 VICKERS ROAD |
| 9 Nov 2021 | £373,160 | £342,500 | 37 ST JOHNS ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 28 Nov 2016. Using an estimated price of £392,920 means this house is valued at £4,911 per sq meter (£456 per sq foot).
The average size of a house on VICKERS ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Wheatstone Road |
| Apr 2024 | Anti-social behaviour | On or near Sandcliff Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Sandcliff Road |
| Apr 2024 | Anti-social behaviour | On or near Sandcliff Road | |
| Apr 2024 | Anti-social behaviour | On or near Sandcliff Road |