£506,459
This estimated value is based upon the latest sale price for the house of £410,000 on 7 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Central Parade, Station Road, Sidcup, DA15 7DH
Phone: 02081289207
Price Paid | Date |
---|---|
£410,000 | 7 Feb 2019 |
£360,000 | 21 Oct 2016 |
£150,000 | 4 Apr 2002 |
£64,500 | 31 May 1995 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £410,000 results in an estimated price of approximately £506,459.
7 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £410,000 | £96,459 | £506,459 |
The Postcode Pricing Model uses changes in average sales price within the DA14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 21.536 % | £88,297 | £498,297 |
3 Month Average | 7.518 % | £30,824 | £440,824 |
6 Month Average | 0.354 % | £1,453 | £411,453 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £477,063 | £470,000 | 81 BIRKBECK ROAD |
7 Nov 2023 | £423,266 | £417,000 | 92 BIRKBECK ROAD |
28 Jul 2023 | £560,038 | £552,500 | 48 BIRKBECK ROAD |
28 Jul 2023 | £760,232 | £750,000 | 60 BIRKBECK ROAD |
9 Jun 2023 | £455,518 | £450,000 | 153 BIRKBECK ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 21 Feb 2018. Using an estimated price of £506,460 means this house is valued at £6,330 per sq meter (£588 per sq foot).
The average size of a house on BIRKBECK ROAD is 83 sq meters (894 sq feet).