29, PARKWAY, ERITH, DA18 4HG - £249,000

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.

29 PARKWAY is a very large flat of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £280,746. It was last sold for £249,000 in January 2020, which was around 15% above the average January 2020 flat price in the Bexley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

29 PARKWAY Sold Prices

Land registry data shows four sales for 29 PARKWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Bexley local authority area for the corresponding sale date. two of the four 29 PARKWAY sales were for above the average price, and four 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
2020 2 JAN	£249,000	£215,993	15% above HPI
2007 1 JUN	£162,500	£150,353	8% above HPI
2001 5 JAN	£66,000	£77,025	14% below HPI
1999 8 OCT	£54,000	£62,164	13% below HPI

What might 29 PARKWAY be worth now?

29 PARKWAY might now be worth an estimated £280,746.

This is based on house price inflation of 12.7%, between January 2020 and May 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 12.7% inflationary increase is applied to the most recent sale price for 29 PARKWAY of £249,000 on 2nd January 2020. For the value to have increased from £249,000 to £280,746 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 29 PARKWAY has moved in line with the HPI for flats in the Bexley local authority area.
• The January 2020 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PARKWAY has not materially changed since January 2020.

How Large is 29 PARKWAY?

29 PARKWAY is 86m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of flats in London, based on EPC data. 87% of flats are smaller than 29 PARKWAY, and 13% of flats are larger. Note that EPC data is not available for all properties in London.

29 PARKWAY: Plot

29 PARKWAY sits on a plot of roughly 0.022 of an acre, or 88m².

Where is 29 PARKWAY?

29 PARKWAY is located in ERITH, in the DA18 postcode district.