£393,151
This estimated value is based upon the latest sale price for the house of £320,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Myrtle Close
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41 Bexley Road, Erith, DA8 1SH
Phone: 01322584528
| Price Paid | Date |
|---|---|
| £320,000 | 7 Dec 2018 |
| £175,000 | 11 Sep 2006 |
| £109,000 | 29 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £320,000 results in an estimated price of approximately £393,151.
| 7 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £320,000 | £73,151 | £393,151 |
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 | 26.242 % | £83,975 | £403,975 |
| 3 Month Average | 9.383 % | £30,024 | £350,024 |
| 6 Month Average | 4.892 % | £15,654 | £335,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £400,133 | £405,000 | 9 MYRTLE CLOSE |
| 12 Aug 2022 | £392,349 | £395,000 | 29 CHIPSTEAD ROAD |
| 14 Apr 2022 | £405,128 | £395,000 | 166 COLYERS LANE |
| 14 Feb 2022 | £270,254 | £258,750 | 12 DOWNTON MEWS |
| 10 Dec 2021 | £400,144 | £375,000 | 14 CHIPSTEAD ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 14 Sep 2018. Using an estimated price of £393,151 means this house is valued at £5,173 per sq meter (£480 per sq foot).
The average size of a house on MYRTLE CLOSE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Myrtle Close |
| Mar 2024 | Other theft | Under investigation | On or near Myrtle Close |
| Feb 2024 | Public order | Under investigation | On or near Myrtle Close |
| Feb 2024 | Burglary | Under investigation | On or near Myrtle Close |