81, RAINBOW ROAD, ERITH, DA8 2BT - £460,000

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.

81 RAINBOW ROAD is a small terraced house of 123m², built in 2016, which could now be worth an estimated £521,369. It was last sold for £460,000 in June 2021, which was around 27% above the average June 2021 terraced price in the Bexley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

81 RAINBOW ROAD Sold Prices

Land registry data shows two sales for 81 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 81 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
2021 18 JUN	£460,000	£363,487	27% above HPI
2016 22 FEB	£364,995	£309,044	18% above HPI

81 RAINBOW ROAD 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 81 RAINBOW ROAD sales from February 2016 and June 2021 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 February 2016 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 81 RAINBOW ROAD be worth now?

81 RAINBOW ROAD might now be worth an estimated £521,369.

This is based on house price inflation of 13.3%, between June 2021 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 13.3% inflationary increase is applied to the most recent sale price for 81 RAINBOW ROAD of £460,000 on 18th June 2021. For the value to have increased from £460,000 to £521,369 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 81 RAINBOW ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The June 2021 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 81 RAINBOW ROAD has not materially changed since June 2021.

How Large is 81 RAINBOW ROAD?

81 RAINBOW ROAD is 123m² according to the EPC inspection conducted in February 2016. 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 81 RAINBOW ROAD lies on this distribution: 35% of terraced houses houses are smaller than 81 RAINBOW ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in London.

81 RAINBOW ROAD: Plot and Title Map

81 RAINBOW ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 81 RAINBOW ROAD, 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 81 RAINBOW ROAD). 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 81 RAINBOW ROAD?

81 RAINBOW ROAD is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 81 on RAINBOW ROAD.