242, PARK CRESCENT, ERITH, DA8 3ED - £60,000

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.

242 PARK CRESCENT is a flat, which could now be worth an estimated £254,133. It was last sold for £60,000 in December 1998, which was around 5% above the average December 1998 flat price in the Bexley local authority area.

242 PARK CRESCENT Sold Prices

Land registry data shows two sales for 242 PARK CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Bexley local authority area for the corresponding sale date. One of the two 242 PARK CRESCENT sales was for above the average price, whilst the other was for below 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
1998 11 DEC	£60,000	£57,265	5% above HPI
1998 1 DEC	£55,000	£57,265	4% below HPI

What might 242 PARK CRESCENT be worth now?

242 PARK CRESCENT might now be worth an estimated £254,133.

This is based on house price inflation of 323.6%, between December 1998 and April 2026, for flats, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 323.6% inflationary increase is applied to the most recent sale price for 242 PARK CRESCENT of £60,000 on 11th December 1998. For the value to have increased from £60,000 to £254,133 over the 28 years and eight months to April 2026, the following assumptions must hold true:

• The value of 242 PARK CRESCENT has moved in line with the HPI for flats in the Bexley local authority area.
• The December 1998 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 242 PARK CRESCENT has not materially changed since December 1998.

Where is 242 PARK CRESCENT?

242 PARK CRESCENT is located in ERITH, in the DA8 postcode district.