£666,675
This estimated value is based upon the latest sale price for the house of £532,000 on 25 Jun 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Wellington Parade, Blackfen, Sidcup, DA15 9NB
Phone: 02036415671
Price Paid | Date |
---|---|
£532,000 | 25 Jun 2018 |
£149,000 | 30 Nov 2001 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,109 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £532,000 results in an estimated price of approximately £666,675.
25 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £532,000 | £134,675 | £666,675 |
The Postcode Pricing Model uses changes in average sales price within the DA5 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 | 3.624 % | £19,278 | £551,278 |
3 Month Average | 30.988 % | £164,853 | £696,853 |
6 Month Average | 22.126 % | £117,711 | £649,711 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £299,602 | £297,000 | 2C PENHILL ROAD |
23 Nov 2023 | £425,809 | £415,000 | 23 SHERWOOD CLOSE |
27 Sep 2023 | £536,834 | £525,000 | 69 PENHILL ROAD |
28 Mar 2023 | £699,176 | £687,500 | 71 PENHILL ROAD |
5 Aug 2022 | £411,926 | £410,000 | 18 SHERWOOD CLOSE |
This house has a floor area of 103 sq meters or 1,109 sq feet when measured on 8 Mar 2012. Using an estimated price of £666,676 means this house is valued at £6,470 per sq meter (£601 per sq foot).
The average size of a house on PENHILL ROAD is 102 sq meters (1,105 sq feet).