178, RAINBOW ROAD, ERITH, DA8 2EQ - £404,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

178 RAINBOW ROAD is a terraced house, which could now be worth an estimated £498,589. It was last sold for £404,000 in March 2020, which was around 21% above the average March 2020 terraced price in the Bexley local authority area.

178 RAINBOW ROAD Sold Prices

Land registry data shows two sales for 178 RAINBOW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bexley local authority area for the corresponding sale date. Both of the two 178 RAINBOW ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 24 MAR	£404,000	£333,822	21% above HPI
2016 19 APR	£352,995	£305,920	15% above HPI

What might 178 RAINBOW ROAD be worth now?

178 RAINBOW ROAD might now be worth an estimated £498,589.

This is based on house price inflation of 23.4%, between March 2020 and April 2026, for terraced houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.4% inflationary increase is applied to the most recent sale price for 178 RAINBOW ROAD of £404,000 on 24th March 2020. For the value to have increased from £404,000 to £498,589 over the five years and eleven months to April 2026, the following assumptions must hold true:

• The value of 178 RAINBOW ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The March 2020 sale price of £404,000 represented a fair market value for the property.
• The size, condition, and specification of 178 RAINBOW ROAD has not materially changed since March 2020.

Where is 178 RAINBOW ROAD?

178 RAINBOW ROAD is located in ERITH, in the DA8 postcode district.