8, BASING DRIVE, BEXLEY, DA5 1EP - £310,000

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.

8 BASING DRIVE is a small flat of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £290,758. It was last sold for £310,000 in December 2022, which was around 20% above the average December 2022 flat price in the Bexley local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

8 BASING DRIVE Sold Prices

Land registry data shows two sales for 8 BASING DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Bexley local authority area for the corresponding sale date. Both of the two 8 BASING DRIVE 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
2022 6 DEC	£310,000	£258,601	20% above HPI
2015 8 MAY	£219,000	£174,574	25% above HPI

What might 8 BASING DRIVE be worth now?

8 BASING DRIVE might now be worth an estimated £290,758.

This is based on house price deflation of 6.2%, between December 2022 and April 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 6.2% deflationary decrease is applied to the most recent sale price for 8 BASING DRIVE of £310,000 on 6th December 2022. For the value to have decreased from £310,000 to £290,758 over the four years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 BASING DRIVE has moved in line with the HPI for flats in the Bexley local authority area.
• The December 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BASING DRIVE has not materially changed since December 2022.

How Large is 8 BASING DRIVE?

8 BASING DRIVE is 54m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of flats in Bexley, based on EPC data. 23% of flats are smaller than 8 BASING DRIVE, and 75% of flats are larger. Note that EPC data is not available for all properties in Bexley.

8 BASING DRIVE: Plot

8 BASING DRIVE sits on a plot of roughly 0.051 of an acre, or 208m².

Where is 8 BASING DRIVE?

8 BASING DRIVE is located in BEXLEY, in the DA5 postcode district.