£408,851
This estimated value is based upon the latest sale price for the house of £405,000 on 10 Mar 2023. 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 |
|---|---|
| £405,000 | 10 Mar 2023 |
| £310,000 | 1 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £405,000 results in an estimated price of approximately £408,851.
| 10 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £405,000 | £3,851 | £408,851 |
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 | -52.002 % | £-210,607 | £194,392 |
| 3 Month Average | -18.311 % | £-74,157 | £330,842 |
| 6 Month Average | -6.126 % | £-24,809 | £380,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £131,954 | £130,000 | 171 WESSEX DRIVE |
| 6 Nov 2023 | £284,208 | £280,000 | 27 ELY CLOSE |
| 14 Aug 2023 | £222,950 | £221,000 | 107 WESSEX DRIVE |
| 25 Jul 2023 | £146,978 | £145,000 | 5 BRIDGE ROAD |
| 10 Mar 2023 | £408,852 | £405,000 | 7 BARNETT CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 17 May 2017. Using an estimated price of £408,852 means this house is valued at £4,444 per sq meter (£412 per sq foot).
The average size of a house on BARNETT CLOSE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Barnett Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lincoln Close |