# House prices in DA5 2 (Bexley)

This article reveals price per square metre data and various charts to help you understand current housing market in Bexley (DA5 2).

## Defining 'DA5 2'

This analysis is limited to properties whose postcode starts with "DA5 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Bexley.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Bexley is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 1, Huntington Close, Bexley, sold for £650,000 on Jan-2024. Given the internal area of 150 square metres, the price per sqm is £4,333.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £6,250-£6,500, £6,500-£6,750, £6,750-£7,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 91 sales in Bexley (DA5 2) that took place in the last two years.

##### Distribution of £ per sqm for Bexley
Distribution of £ per sqm house prices in Bexley

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Bexley (DA5 2). Of the 91 transactions, half were sold for between £4,740 and £6,140 per square metre. The median, or 'middle', price per square metre in 'DA5 2' is £5,490. Notably, only 25% of properties that sold recently were valued at more than £6,140 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Bexley

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Bexley. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Bexley

## Comparison with neighbouring postcode sectors

The table below shows how 'DA5 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DA5 3 Albany Park £4,930 sqm £5,580 sqm £6,440 sqm
DA5 1 Bexley £4,790 sqm £5,350 sqm £6,080 sqm
DA5 2 Bexley £4,740 sqm £5,490 sqm £6,140 sqm

## Will Bexley house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for DA5 2 (Bexley) compared with both the wider area DA5 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Bexley,Bexley
House price trends for Bexley

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent DA5 2 sales
Recent trends for Bexley

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Bexley to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Bexley and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Summerhouse Drive, Bexley, DA5 2E 99 sqm £5,371 17
Eden Road, Bexley, DA5 2E 98 sqm £4,719 17
Baldwyns Road, Bexley, DA5 2A 89 sqm £4,389 15
Beaconsfield Road, Bexley, DA5 2A 81 sqm £4,767 13
Joydens Wood Road, Bexley, DA5 2H 95 sqm £5,430 11
Cold Blow Crescent, Bexley, DA5 2D 118 sqm £5,569 10
Wansunt Road, Bexley, DA5 2D 150 sqm £5,414 10
Vanessa Way, Bexley, DA5 2J 89 sqm £5,733 10

Search for your street here.

## Raw data

Our analysis of Bexley is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
1, Huntington Close, Bexley £650,000
Jan-2024
150 4,333
14, Maryfield Close, Bexley £435,000
Jan-2024
75 5,800
6, Greenwood Rd, Bexley £645,000
Jan-2024
141 4,574