Full Address

20 LONGMEAD DRIVE
SIDCUP
SIDCUP
GREATER LONDON
UNITED KINGDOM
DA14 4NU

Estimated Market Value

£364,952

This estimated value is based upon the latest sale price for the house of £230,000 on 27 Oct 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

There has been one burglary within the last year on or near Cherrydown Road

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Transactions for this house
Price PaidDate
£230,00027 Oct 2004
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 October 2004 the House Price Index for GREATER LONDON was 299.7.

The House Price Index as of 1 Jun 2014 is 475.6 which is a change of 58.675%.

Applying this 58.675% change to the original purchase price of £230,000 gives us an estimated price now of around £364,951.

27 Oct 2004 1 Jun 2014 % change Purchase Price Gain / Loss Estimated Price
299.7 475.6 58.675 % £230,000 £134,951 £364,951

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 27.464 % £63,167 £293,167
3 Month Average 25.190 % £57,936 £287,936
6 Month Average 29.595 % £68,068 £298,068

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In October 2004 the average sale price for the 50 nearest sales within two miles of 20 LONGMEAD DRIVE was £209,774.

In June 2014 the average sale price for the 50 nearest sales was £280,553. This is a change of 33.741%.

So taking the original purchase price of £230,000 and adjusting it by 33.741% gives an estimated price of £307,603.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 27 Oct 2004 Average price on 30 Jun 2014 % change Purchase Price Gain / Loss Estimated Price
£209,774 £280,553 33.741 % £230,000 £77,603 £307,603
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
10 Jan 2014 £384,317 £360,000 17 CHERRYDOWN ROAD
11 Oct 2013 £304,270 £270,000 6 COTLEIGH AVENUE
15 Aug 2013 £301,743 £265,000 29 LONGMEAD DRIVE
26 Jul 2013 £450,886 £395,000 276 BEXLEY LANE
23 May 2013 £517,745 £439,000 296 BEXLEY LANE

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Recent Crimes Near Here
DateCrimeOutcomeWhere
Apr 2014 Drugs Offender given a caution On or near Cherrydown Road
Apr 2014 Drugs Offender given a caution On or near Cherrydown Road
Mar 2014 Anti-social behaviour On or near Cherrydown Road
Feb 2014 Burglary On or near Cherrydown Road
Aug 2013 Criminal damage and arson On or near Cherrydown Road

View full details of these crimes and others in this area

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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