£297,259
This estimated value is based upon the latest sale price for the house of £88,000 on 29 Jun 2001. 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 |
|---|---|
| £88,000 | 29 Jun 2001 |
| Semi-Detached |
| Freehold |
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 June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 237.795%.Applying this 237.795% change to the original purchase price of £88,000 results in an estimated price of approximately £297,259.
| 29 Jun 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.0 | 237.795 % | £88,000 | £209,259 | £297,259 |
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 | 230.055 % | £202,448 | £290,448 |
| 3 Month Average | 234.500 % | £206,360 | £294,360 |
| 6 Month Average | 232.371 % | £204,486 | £292,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2022 | £397,315 | £400,000 | 5 NEWBERY ROAD |
| 16 May 2022 | £421,262 | £415,000 | 2 NEWBERY ROAD |
| 11 Mar 2022 | £593,445 | £575,000 | 39 PEARESWOOD ROAD |
| 17 Dec 2021 | £412,949 | £387,000 | 3 CLOUDESLEY ROAD |
| 1 Nov 2021 | £414,702 | £385,000 | 20 NEWBERY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Newbery Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cloudesley Road |
| Apr 2024 | Drugs | Under investigation | On or near Cloudesley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cloudesley Road |
| Feb 2024 | Public order | Under investigation | On or near Cloudesley Road |