59, PARKWAY, ERITH, DA18 4HG - £175,000

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.

59 PARKWAY is a very small flat of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £190,384. It was last sold for £175,000 in June 2018, which was around 22% below the average June 2018 flat price in the Bexley local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

59 PARKWAY Sold Prices

Land registry data shows five sales for 59 PARKWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Bexley local authority area for the corresponding sale date. All of the five 59 PARKWAY 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
2018 14 JUN	£175,000	£223,853	22% below HPI
2005 13 JUL	£99,995	£134,749	26% below HPI
2003 15 JAN	£75,000	£111,337	33% below HPI
1999 20 APR	£31,500	£57,829	46% below HPI
1996 29 APR	£24,000	£46,346	48% below HPI

What might 59 PARKWAY be worth now?

59 PARKWAY might now be worth an estimated £190,384.

This is based on house price inflation of 8.8%, between June 2018 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 8.8% inflationary increase is applied to the most recent sale price for 59 PARKWAY of £175,000 on 14th June 2018. For the value to have increased from £175,000 to £190,384 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 59 PARKWAY has moved in line with the HPI for flats in the Bexley local authority area.
• The June 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 59 PARKWAY has not materially changed since June 2018.

How Large is 59 PARKWAY?

59 PARKWAY is 48m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of flats in London, based on EPC data. 20% of flats are smaller than 59 PARKWAY, and 78% of flats are larger. Note that EPC data is not available for all properties in London.

59 PARKWAY: Plot

59 PARKWAY sits on a plot of roughly 1.3 acres, or 5,266m².

Where is 59 PARKWAY?

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