£441,630
This estimated value is based upon the latest sale price for the house of £410,000 on 3 Nov 2021. 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 |
---|---|
£410,000 | 3 Nov 2021 |
£369,995 | 27 May 2016 |
Terraced |
Freehold |
Floor Area: 126 sq meters or 1,356 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £410,000 results in an estimated price of approximately £441,630.
3 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.0 | 7.715 % | £410,000 | £31,630 | £441,630 |
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 | -12.338 % | £-50,586 | £359,413 |
3 Month Average | 3.132 % | £12,841 | £422,841 |
6 Month Average | -15.382 % | £-63,064 | £346,935 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2022 | £492,021 | £500,000 | 5 CRIMSON ROAD |
30 Jun 2022 | £456,628 | £452,000 | 9 CHROME ROAD |
15 Mar 2022 | £454,114 | £440,000 | 5 COBALT ROAD |
25 Jan 2022 | £209,632 | £200,000 | 2 JASPER COURT RAINBOW ROAD |
3 Nov 2021 | £441,630 | £410,000 | 87 RAINBOW ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 28 Apr 2016. Using an estimated price of £441,630 means this house is valued at £3,505 per sq meter (£325 per sq foot).
The average size of a house on RAINBOW ROAD is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Possession of weapons | Under investigation | On or near Chrome Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Garnet Road |
Jan 2024 | Anti-social behaviour | On or near Garnet Road | |
Jan 2024 | Anti-social behaviour | On or near Garnet Road | |
Jan 2024 | Anti-social behaviour | On or near Garnet Road |