£275,956
This estimated value is based upon the latest sale price for the house of £135,000 on 13 Apr 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Festival Close
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41 Bexley Road, Erith, DA8 1SH
Phone: 01322584528
| Price Paid | Date |
|---|---|
| £135,000 | 13 Apr 2004 |
| £54,000 | 5 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2004 the House Price Index for GREATER LONDON was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £135,000 results in an estimated price of approximately £275,956.
| 13 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £135,000 | £140,956 | £275,956 |
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 | 23.368 % | £31,547 | £166,547 |
| 3 Month Average | 100.453 % | £135,611 | £270,611 |
| 6 Month Average | 123.870 % | £167,224 | £302,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £232,820 | £230,000 | 38 GUILD ROAD |
| 1 Jun 2023 | £334,046 | £330,000 | 4 GUILD ROAD |
| 21 Oct 2022 | £342,314 | £346,000 | 46 BETSHAM ROAD |
| 20 Jun 2022 | £370,232 | £365,000 | 32 BETSHAM ROAD |
| 31 May 2022 | £157,977 | £155,000 | 137 FROBISHER ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Sep 2012. Using an estimated price of £275,956 means this house is valued at £3,246 per sq meter (£301 per sq foot).
The average size of a house on FESTIVAL CLOSE is 128 sq meters (1,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Festival Close |
| Jan 2024 | Burglary | Under investigation | On or near Festival Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Festival Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Festival Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Festival Close |