Full Address

88 BRIGHTFIELD ROAD
LONDON
GREATER LONDON
UNITED KINGDOM
SE12 8QF

Estimated Market Value

£607,226

This estimated value is based upon the latest sale price for the house of £607,500 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£607,5008 Mar 2019
£399,95014 Apr 2014
House Details
Terraced
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 March 2019 the House Price Index for GREATER LONDON was 120.5.

The House Price Index as of 1 Jun 2019 is 120.5 which is a change of -0.045%.

Applying this -0.045% change to the original purchase price of £607,500 gives us an estimated price now of around £607,225.

8 Mar 2019 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
120.5 120.5 -0.045 % £607,500 £-274 £607,225

The Postcode Pricing Model uses changes in average sales price within the SE12 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 -2.937 % £-17,844 £589,655
3 Month Average -1.558 % £-9,466 £598,033
6 Month Average 9.170 % £55,705 £663,205

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

In March 2019 the average sale price for the 50 nearest sales within a mile of 88 BRIGHTFIELD ROAD was £525,531.

In October 2019 the average sale price for the 50 nearest sales was £457,682. This is a change of -12.910%.

So taking the original purchase price of £607,500 and adjusting it by -12.910% gives an estimated price of £529,068.

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

Average price on 8 Mar 2019 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£525,531 £457,682 -12.910 % £607,500 £-78,431 £529,068
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
31 Jul 2019 £682,500 £682,500 20 LAMPMEAD ROAD
19 Jul 2019 £595,000 £595,000 16 BRIGHTFIELD ROAD
10 Jul 2019 £700,000 £700,000 84 BRIGHTFIELD ROAD
5 Jun 2019 £752,500 £752,500 35 LAMPMEAD ROAD
12 Apr 2019 £596,697 £595,000 14 HEDGLEY STREET

Show these sales on a map

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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