£380,245
This estimated value is based upon the latest sale price for the house of £125,000 on 22 Mar 2002. 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 Slade Gardens
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41 Bexley Road, Erith, DA8 1SH
Phone: 01322584528
| Price Paid | Date |
|---|---|
| £125,000 | 22 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £125,000 results in an estimated price of approximately £380,245.
| 22 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £125,000 | £255,245 | £380,245 |
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 | 191.226 % | £239,032 | £364,032 |
| 3 Month Average | 214.326 % | £267,907 | £392,907 |
| 6 Month Average | 234.106 % | £292,632 | £417,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £388,000 | £388,000 | 31 PEARESWOOD ROAD |
| 31 Oct 2023 | £322,321 | £315,000 | 15 PEARESWOOD ROAD |
| 20 Oct 2023 | £390,878 | £382,000 | 5 PAGE CRESCENT |
| 24 Feb 2023 | £327,186 | £325,000 | 7 CRAYDENE ROAD |
| 8 Feb 2023 | £350,421 | £348,080 | 25 CRAYDENE ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 Sep 2015. Using an estimated price of £380,246 means this house is valued at £4,421 per sq meter (£410 per sq foot).
The average size of a house on PEARESWOOD ROAD is 82 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Slade Gardens |