£270,268
This estimated value is based upon the latest sale price for the house of £145,000 on 7 Feb 2005. 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 |
|---|---|
| £145,000 | 7 Feb 2005 |
| £57,950 | 31 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2005 the House Price Index for GREATER LONDON was 79.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 86.392%.Applying this 86.392% change to the original purchase price of £145,000 results in an estimated price of approximately £270,268.
| 7 Feb 2005 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 148.0 | 86.392 % | £145,000 | £125,268 | £270,268 |
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 | 105.651 % | £153,194 | £298,194 |
| 3 Month Average | 98.710 % | £143,129 | £288,129 |
| 6 Month Average | 90.031 % | £130,545 | £275,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Dec 2021 | £352,127 | £330,000 | 27 SNIPE CLOSE |
| 20 Aug 2021 | £422,778 | £380,500 | 12 LONGREACH ROAD |
| 30 Jun 2021 | £309,892 | £290,000 | 19 CANADA ROAD |
| 25 Jun 2021 | £219,061 | £205,000 | 41 CANADA ROAD |
| 2 Jun 2021 | £347,292 | £325,000 | 266 SLADE GREEN ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 13 Dec 2021. Using an estimated price of £270,268 means this house is valued at £4,580 per sq meter (£425 per sq foot).
The average size of a house on SNIPE CLOSE is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Snipe Close |
| Apr 2024 | Public order | Under investigation | On or near Snipe Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Webber Close |
| Mar 2024 | Drugs | Under investigation | On or near Webber Close |
| Mar 2024 | Burglary | Under investigation | On or near Webber Close |