59, THE NURSERY, ERITH, DA8 2EY - £312,000

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 THE NURSERY is a very small extended terraced house of 59m², built sometime before 1900, which could now be worth an estimated £334,068. It was last sold for £312,000 in March 2022, which was around 19% below the average March 2022 terraced price in the Bexley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

59 THE NURSERY Sold Prices

Land registry data shows one sale for 59 THE NURSERY 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
2022 2 MAR	£312,000	£383,410	19% below HPI

What might 59 THE NURSERY be worth now?

59 THE NURSERY might now be worth an estimated £334,068.

This is based on house price inflation of 7.1%, between March 2022 and May 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 7.1% inflationary increase is applied to the most recent sale price for 59 THE NURSERY of £312,000 on 2nd March 2022. For the value to have increased from £312,000 to £334,068 over the three years and ten months to May 2026, the following assumptions must hold true:

• The value of 59 THE NURSERY has moved in line with the HPI for terraced houses in the Bexley local authority area.
• The March 2022 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 59 THE NURSERY has not materially changed since March 2022.

How Large is 59 THE NURSERY?

59 THE NURSERY is 59m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 59 THE NURSERY lies on this distribution: 6% of terraced houses are smaller than 59 THE NURSERY, and 94% of terraced houses are larger. Note that EPC data is not available for all properties in London.

59 THE NURSERY: Plot

59 THE NURSERY sits on a plot of roughly 0.036 of an acre, or 146m².

Where is 59 THE NURSERY?

59 THE NURSERY is located in ERITH, in the DA8 postcode district.