£401,603
This estimated value is based upon the latest sale price for the house of £323,500 on 16 Oct 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 |
---|---|
£323,500 | 16 Oct 2018 |
£96,995 | 24 Jul 1998 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £323,500 results in an estimated price of approximately £401,603.
16 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £323,500 | £78,103 | £401,603 |
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 | 5.944 % | £19,227 | £342,727 |
3 Month Average | 8.325 % | £26,930 | £350,430 |
6 Month Average | 14.933 % | £48,307 | £371,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £251,381 | £245,000 | 80 SANDPIPER DRIVE |
16 Jun 2023 | £338,789 | £332,000 | 72 SANDPIPER DRIVE |
17 Feb 2023 | £339,770 | £337,500 | 20 SANDPIPER DRIVE |
16 May 2022 | £323,426 | £315,000 | 8 SANDPIPER DRIVE |
31 Aug 2021 | £337,162 | £300,000 | 62 SANDPIPER DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Jan 2018. Using an estimated price of £401,603 means this house is valued at £5,905 per sq meter (£548 per sq foot).
The average size of a house on SANDPIPER DRIVE is 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Sandpiper Drive |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Moorhen Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Moorhen Close |