7, WARD CLOSE, ERITH, DA8 3EH - £400,000

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 WARD CLOSE is a small extended semi-detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £430,951. It was last sold for £400,000 in February 2022, which was around 18% below the average February 2022 semi-detached price in the Bexley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

7 WARD CLOSE Sold Prices

Land registry data shows one sale for 7 WARD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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 14 FEB	£400,000	£489,257	18% below HPI

What might 7 WARD CLOSE be worth now?

7 WARD CLOSE might now be worth an estimated £430,951.

This is based on house price inflation of 7.7%, between February 2022 and April 2026, for semi-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 7.7% inflationary increase is applied to the most recent sale price for 7 WARD CLOSE of £400,000 on 14th February 2022. For the value to have increased from £400,000 to £430,951 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 7 WARD CLOSE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The February 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WARD CLOSE has not materially changed since February 2022.

How Large is 7 WARD CLOSE?

7 WARD CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of semi-detached houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses by size in London, and where 7 WARD CLOSE lies on this distribution: 30% of semi-detached houses are smaller than 7 WARD CLOSE, and 69% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

7 WARD CLOSE: Plot

7 WARD CLOSE sits on a plot of roughly 0.061 of an acre, or 245m².

Where is 7 WARD CLOSE?

7 WARD CLOSE is located in ERITH, in the DA8 postcode district.