£246,885
This estimated value is based upon the latest sale price for the house of £205,000 on 6 Jul 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 |
---|---|
£205,000 | 6 Jul 2020 |
£200,995 | 20 May 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £205,000 results in an estimated price of approximately £246,885.
6 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.0 | 20.432 % | £205,000 | £41,885 | £246,885 |
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 | 84.615 % | £173,461 | £378,461 |
3 Month Average | 22.256 % | £45,623 | £250,623 |
6 Month Average | 11.525 % | £23,626 | £228,626 |
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 52 sq meters or 559 sq feet when measured on 13 May 2016. Using an estimated price of £246,886 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on GARNET ROAD is 60 sq meters (648 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | |
Jan 2024 | Other theft | Under investigation | On or near Garnet Road |