£426,492
This estimated value is based upon the latest sale price for the house of £350,000 on 4 Feb 2020. 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 |
|---|---|
| £350,000 | 4 Feb 2020 |
| £160,000 | 3 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £350,000 results in an estimated price of approximately £426,492.
| 4 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £350,000 | £76,492 | £426,492 |
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 | 18.290 % | £64,014 | £414,014 |
| 3 Month Average | 8.636 % | £30,225 | £380,225 |
| 6 Month Average | 5.295 % | £18,532 | £368,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £402,447 | £400,000 | 48 SPRINGHEAD ROAD |
| 23 Aug 2023 | £382,325 | £380,000 | 46 ALEXANDRA ROAD |
| 2 Jun 2023 | £322,616 | £320,000 | 18 SPRINGHEAD ROAD |
| 18 Feb 2022 | £373,917 | £358,000 | 8 ALEXANDRA ROAD |
| 1 Dec 2021 | £676,927 | £634,390 | 35 ALEXANDRA ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 3 Jun 2015. Using an estimated price of £426,492 means this house is valued at £3,949 per sq meter (£366 per sq foot).
The average size of a house on ALEXANDRA ROAD is 99 sq meters (1,071 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Mar 2024 | Anti-social behaviour | On or near Alexandra Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jan 2024 | Anti-social behaviour | On or near Alexandra Road |