224, PARK CRESCENT, ERITH, DA8 3ED - £295,000

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.

224 PARK CRESCENT is a small extended terraced house of 127m², built sometime between 1900 and 1929, which could now be worth an estimated £652,909. It was last sold for £295,000 in July 2006, which was around 62% above the average July 2006 terraced price in the Bexley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was D.

224 PARK CRESCENT Sold Prices

Land registry data shows two sales for 224 PARK CRESCENT 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 224 PARK CRESCENT 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
2006 10 JUL	£295,000	£182,006	62% above HPI
2000 16 NOV	£151,750	£101,415	50% above HPI

224 PARK CRESCENT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bexley local authority area over time, sourced from the HPI. The two 224 PARK CRESCENT sales from November 2000 and July 2006 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2000 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2006 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 224 PARK CRESCENT be worth now?

224 PARK CRESCENT might now be worth an estimated £652,909.

This is based on house price inflation of 121.3%, between July 2006 and June 2025, 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 121.3% inflationary increase is applied to the most recent sale price for 224 PARK CRESCENT of £295,000 on 10th July 2006. For the value to have increased from £295,000 to £652,909 over the nineteen years and one month to June 2025, the following assumptions must hold true:

• The value of 224 PARK CRESCENT has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The July 2006 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 224 PARK CRESCENT has not materially changed since July 2006.

How Large is 224 PARK CRESCENT?

224 PARK CRESCENT is 127m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 224 PARK CRESCENT lies on this distribution: 38% of terraced houses houses are smaller than 224 PARK CRESCENT, and 61% of houses are larger. Note that EPC data is not available for all properties in London.

224 PARK CRESCENT: Plot and Title Map

224 PARK CRESCENT sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 224 PARK CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 224 PARK CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 224 PARK CRESCENT?

224 PARK CRESCENT is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 224 on PARK CRESCENT.