£131,454
This estimated value is based upon the latest sale price for the house of £115,000 on 8 Dec 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 |
|---|---|
| £115,000 | 8 Dec 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £115,000 results in an estimated price of approximately £131,454.
| 8 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £115,000 | £16,454 | £131,454 |
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 | -7.107 % | £-8,172 | £106,827 |
| 3 Month Average | -3.348 % | £-3,849 | £111,150 |
| 6 Month Average | -2.528 % | £-2,907 | £112,092 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £523,182 | £520,000 | 6 PARK CRESCENT |
| 11 Jul 2023 | £201,910 | £200,000 | FLAT 17 CHARLES COURT, 20 AVENUE ROAD |
| 18 Apr 2023 | £229,707 | £228,000 | FLAT 19 DIANA COURT, 22 AVENUE ROAD |
| 6 Apr 2023 | £99,741 | £99,000 | 26 JAMES WATT WAY |
| 12 Jul 2022 | £244,669 | £245,000 | FLAT 12 CHARLES COURT, 20 AVENUE ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 17 Mar 2020. Using an estimated price of £131,454 means this house is valued at £2,796 per sq meter (£259 per sq foot).
The average size of a house on AVENUE ROAD is 94 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Mar 2024 | Public order | Under investigation | On or near Parking Area |