56, GRASMERE ROAD, BEXLEYHEATH, DA7 6PP - £225,000

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.

56 GRASMERE ROAD is a detached house, which could now be worth an estimated £550,280. It was last sold for £225,000 in January 2004, which was around 24% below the average January 2004 detached price in the Bexley local authority area.

56 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 56 GRASMERE ROAD 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 56 GRASMERE ROAD 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
2004 30 JAN	£225,000	£297,220	24% below HPI
1996 17 MAY	£94,000	£119,742	21% below HPI

What might 56 GRASMERE ROAD be worth now?

56 GRASMERE ROAD might now be worth an estimated £550,280.

This is based on house price inflation of 144.6%, between January 2004 and May 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 144.6% inflationary increase is applied to the most recent sale price for 56 GRASMERE ROAD of £225,000 on 30th January 2004. For the value to have increased from £225,000 to £550,280 over the 21 years and eight months to May 2026, the following assumptions must hold true:

• The value of 56 GRASMERE ROAD has moved in line with the HPI for detached houses in the Bexley local authority area.
• The January 2004 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 56 GRASMERE ROAD has not materially changed since January 2004.

Where is 56 GRASMERE ROAD?

56 GRASMERE ROAD is located in BEXLEYHEATH, in the DA7 postcode district.