4, RAINBOW ROAD, ERITH, DA8 2ED - £294,995

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.

4 RAINBOW ROAD is a very large terraced house of 130m², built in 2014, which could now be worth an estimated £533,550. It was last sold for £294,995 in April 2014, which was around 30% above the average April 2014 terraced price in the Bexley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was B, and the potential energy rating was B.

4 RAINBOW ROAD Sold Prices

Land registry data shows one sale for 4 RAINBOW ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Bexley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 8 APR	£294,995	£227,780	30% above HPI

What might 4 RAINBOW ROAD be worth now?

4 RAINBOW ROAD might now be worth an estimated £533,550.

This is based on house price inflation of 80.9%, between April 2014 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 80.9% inflationary increase is applied to the most recent sale price for 4 RAINBOW ROAD of £294,995 on 8th April 2014. For the value to have increased from £294,995 to £533,550 over the twelve years to April 2026, the following assumptions must hold true:

• The value of 4 RAINBOW ROAD has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The April 2014 sale price of £294,995 represented a fair market value for the property.
• The size, condition, and specification of 4 RAINBOW ROAD has not materially changed since April 2014.

How Large is 4 RAINBOW ROAD?

4 RAINBOW ROAD is 130m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 4 RAINBOW ROAD lies on this distribution: 83% of terraced houses are smaller than 4 RAINBOW ROAD, and 16% of terraced houses are larger. Note that EPC data is not available for all properties in London.

4 RAINBOW ROAD: Plot

4 RAINBOW ROAD sits on a plot of roughly 0.038 of an acre, or 155m².

Where is 4 RAINBOW ROAD?

4 RAINBOW ROAD is located in ERITH, in the DA8 postcode district.