£126,460
This estimated value is based upon the latest sale price for the house of £102,375 on 4 Feb 2019. 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 |
---|---|
£102,375 | 4 Feb 2019 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £102,375 results in an estimated price of approximately £126,460.
4 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £102,375 | £24,085 | £126,460 |
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 | -34.139 % | £-34,949 | £67,425 |
3 Month Average | 2.168 % | £2,219 | £104,594 |
6 Month Average | 10.080 % | £10,319 | £112,694 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £359,598 | £355,000 | 13 COMPTON PLACE |
11 Jul 2023 | £202,729 | £200,000 | FLAT 17 CHARLES COURT, 20 AVENUE ROAD |
9 Jun 2023 | £354,292 | £350,000 | 39 COMPTON PLACE |
6 Apr 2023 | £100,078 | £99,000 | 26 JAMES WATT WAY |
12 Jul 2022 | £245,661 | £245,000 | FLAT 12 CHARLES COURT, 20 AVENUE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 9 Jun 2018. Using an estimated price of £126,461 means this house is valued at £2,039 per sq meter (£189 per sq foot).
The average size of a house on JAMES WATT WAY is 73 sq meters (789 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Queens Road |
Jan 2024 | Robbery | Under investigation | On or near Queens Road |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Queens Road |
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Queens Road |
Jan 2024 | Anti-social behaviour | On or near Queen Street |