5, OAK ROAD, ERITH, DA8 2NL - £306,000

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.

5 OAK ROAD is a very large extended flat of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £342,112. It was last sold for £306,000 in December 2019, which was around 40% above the average December 2019 flat price in the Bexley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

5 OAK ROAD Sold Prices

Land registry data shows two sales for 5 OAK ROAD 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 5 OAK ROAD 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
2019 6 DEC	£306,000	£217,825	40% above HPI
2006 14 DEC	£140,000	£143,559	2% below HPI

What might 5 OAK ROAD be worth now?

5 OAK ROAD might now be worth an estimated £342,112.

This is based on house price inflation of 11.8%, between December 2019 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 11.8% inflationary increase is applied to the most recent sale price for 5 OAK ROAD of £306,000 on 6th December 2019. For the value to have increased from £306,000 to £342,112 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 OAK ROAD has moved in line with the HPI for flats in the Bexley local authority area.
• The December 2019 sale price of £306,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK ROAD has not materially changed since December 2019.

How Large is 5 OAK ROAD?

5 OAK ROAD is 86m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% of flats in London, based on EPC data. 87% of flats are smaller than 5 OAK ROAD, and 13% of flats are larger. Note that EPC data is not available for all properties in London.

5 OAK ROAD: Plot

5 OAK ROAD sits on a plot of roughly 0.044 of an acre, or 180m².

Where is 5 OAK ROAD?

5 OAK ROAD is located in ERITH, in the DA8 postcode district.