16, PARK CRESCENT, ERITH, DA8 3DE - £173,000

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.

16 PARK CRESCENT is a detached house, which could now be worth an estimated £601,692. It was last sold for £173,000 in May 2001, which was around 17% below the average May 2001 detached price in the Bexley local authority area.

16 PARK CRESCENT Sold Prices

Land registry data shows two sales for 16 PARK CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bexley local authority area for the corresponding sale date. Both of the two 16 PARK CRESCENT sales were 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
2001 17 MAY	£173,000	£209,228	17% below HPI
1995 27 JAN	£85,000	£122,167	30% below HPI

What might 16 PARK CRESCENT be worth now?

16 PARK CRESCENT might now be worth an estimated £601,692.

This is based on house price inflation of 247.8%, between May 2001 and April 2026, for detached 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 247.8% inflationary increase is applied to the most recent sale price for 16 PARK CRESCENT of £173,000 on 17th May 2001. For the value to have increased from £173,000 to £601,692 over the 25 years and one month to April 2026, the following assumptions must hold true:

• The value of 16 PARK CRESCENT has moved in line with the HPI for detached houses in the Bexley local authority area.
• The May 2001 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK CRESCENT has not materially changed since May 2001.

Where is 16 PARK CRESCENT?

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