£418,018
This estimated value is based upon the latest sale price for the house of £245,000 on 19 Apr 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Fairfield Road
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PO Box 353, Welling, DA7 9JB
Phone: 02034783393
| Price Paid | Date |
|---|---|
| £245,000 | 19 Apr 2012 |
| £104,995 | 9 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 899 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 April 2012 the House Price Index for GREATER LONDON was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £245,000 results in an estimated price of approximately £418,018.
| 19 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £245,000 | £173,018 | £418,018 |
The Postcode Pricing Model uses changes in average sales price within the DA7 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 | 46.733 % | £114,495 | £359,495 |
| 3 Month Average | 74.196 % | £181,779 | £426,779 |
| 6 Month Average | 88.270 % | £216,260 | £461,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £340,966 | £335,000 | 31 FAIRFIELD ROAD |
| 7 Jul 2023 | £760,232 | £750,000 | 104 BELVEDERE ROAD |
| 6 Jan 2023 | £547,421 | £550,000 | 123 BELVEDERE ROAD |
| 5 Jan 2023 | £333,429 | £335,000 | 22 FAIRFIELD ROAD |
| 5 Jan 2022 | £526,204 | £500,000 | 102 BELVEDERE ROAD |
This house has a floor area of 83 sq meters or 899 sq feet when measured on 3 Feb 2012. Using an estimated price of £418,018 means this house is valued at £5,000 per sq meter (£464 per sq foot).
The average size of a house on BELVEDERE ROAD is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairfield Road |
| Dec 2023 | Anti-social behaviour | On or near Belvedere Road | |
| Dec 2023 | Anti-social behaviour | On or near Belvedere Road | |
| Dec 2023 | Anti-social behaviour | On or near Belvedere Road | |
| Dec 2023 | Anti-social behaviour | On or near Belvedere Road |