57, PARK CRESCENT, ERITH, DA8 3EA - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

57 PARK CRESCENT is a small detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £516,852. It was last sold for £470,000 in June 2021, which was around 27% below the average June 2021 detached price in the Bexley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

57 PARK CRESCENT Sold Prices

Land registry data shows two sales for 57 PARK CRESCENT 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 57 PARK CRESCENT 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
2021 30 JUN	£470,000	£641,045	27% below HPI
2018 4 SEP	£405,000	£611,318	34% below HPI

57 PARK CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bexley local authority area over time, sourced from the HPI. The two 57 PARK CRESCENT sales from September 2018 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2018 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 57 PARK CRESCENT be worth now?

57 PARK CRESCENT might now be worth an estimated £516,852.

This is based on house price inflation of 10%, between June 2021 and December 2024, 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 10% inflationary increase is applied to the most recent sale price for 57 PARK CRESCENT of £470,000 on 30th June 2021. For the value to have increased from £470,000 to £516,852 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 57 PARK CRESCENT has moved in line with the HPI for detached houses in the Bexley local authority area.
• The June 2021 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 57 PARK CRESCENT has not materially changed since June 2021.

How Large is 57 PARK CRESCENT?

57 PARK CRESCENT is 93m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses houses in Erith, based on EPC data. The below chart shows the distribution of detached houses houses by size in Erith, and where 57 PARK CRESCENT lies on this distribution: 31% of detached houses houses are smaller than 57 PARK CRESCENT, and 68% of houses are larger. Note that EPC data is not available for all properties in Erith.

57 PARK CRESCENT: Plot and Title Map

57 PARK CRESCENT sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 57 PARK CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 57 PARK CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 57 PARK CRESCENT?

57 PARK CRESCENT is located in ERITH, in the DA8 postcode district. The below map shows the position of No. 57 on PARK CRESCENT.