£249,057
This estimated value is based upon the latest sale price for the house of £200,000 on 3 May 2019. 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 |
---|---|
£200,000 | 3 May 2019 |
£206,000 | 25 Feb 2007 |
£54,000 | 13 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £200,000 results in an estimated price of approximately £249,057.
3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £200,000 | £49,057 | £249,057 |
The Postcode Pricing Model uses changes in average sales price within the DA15 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 | 29.201 % | £58,402 | £258,402 |
3 Month Average | 17.209 % | £34,418 | £234,418 |
6 Month Average | 16.044 % | £32,088 | £232,088 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £402,364 | £390,000 | 49 WESTERHAM DRIVE |
3 Mar 2023 | £351,876 | £346,000 | 50 WESTERHAM DRIVE |
20 Jan 2023 | £300,804 | £300,000 | 43 WESTERHAM DRIVE |
5 Aug 2022 | £512,396 | £510,000 | 5 LAKESIDE CLOSE |
17 Jun 2022 | £424,065 | £415,000 | 12 PARK MEAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Mar 2019. Using an estimated price of £249,058 means this house is valued at £3,234 per sq meter (£300 per sq foot).
The average size of a house on LAKESIDE CLOSE is 89 sq meters (965 sq feet).