£430,646
This estimated value is based upon the latest sale price for the house of £345,000 on 26 Apr 2018. 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 |
|---|---|
| £345,000 | 26 Apr 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £345,000 results in an estimated price of approximately £430,646.
| 26 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £345,000 | £85,646 | £430,646 |
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 | -39.866 % | £-137,537 | £207,462 |
| 3 Month Average | -7.587 % | £-26,175 | £318,824 |
| 6 Month Average | 12.481 % | £43,058 | £388,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £420,089 | £415,000 | 50 ALDERNEY ROAD |
| 21 Apr 2023 | £429,626 | £425,000 | 118 ALDERNEY ROAD |
| 1 Mar 2023 | £441,156 | £437,000 | 34 ALDERNEY ROAD |
| 4 Aug 2022 | £488,685 | £490,000 | 102 ALDERNEY ROAD |
| 8 Jul 2022 | £439,182 | £438,000 | 271 SLADE GREEN ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 27 Oct 2017. Using an estimated price of £430,647 means this house is valued at £4,485 per sq meter (£416 per sq foot).
The average size of a house on ALDERNEY ROAD is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grange Way |