7, RIDGECROFT CLOSE, BEXLEY, DA5 2DE - £320,000

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.

7 RIDGECROFT CLOSE is a detached house, which could now be worth an estimated £742,588. It was last sold for £320,000 in March 2005, which was around 2% above the average March 2005 detached price in the Bexley local authority area.

7 RIDGECROFT CLOSE Sold Prices

Land registry data shows two sales for 7 RIDGECROFT CLOSE 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 7 RIDGECROFT CLOSE sales were for above 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
2005 24 MAR	£320,000	£313,243	2% above HPI
1995 15 DEC	£125,000	£118,208	6% above HPI

What might 7 RIDGECROFT CLOSE be worth now?

7 RIDGECROFT CLOSE might now be worth an estimated £742,588.

This is based on house price inflation of 132.1%, between March 2005 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 132.1% inflationary increase is applied to the most recent sale price for 7 RIDGECROFT CLOSE of £320,000 on 24th March 2005. For the value to have increased from £320,000 to £742,588 over the twenty years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 RIDGECROFT CLOSE has moved in line with the HPI for detached houses in the Bexley local authority area.
• The March 2005 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 7 RIDGECROFT CLOSE has not materially changed since March 2005.

Where is 7 RIDGECROFT CLOSE?

7 RIDGECROFT CLOSE is located in BEXLEY, in the DA5 postcode district.