Sidcup

Area Guide For Sidcup

Sidcup is a rural region of south-east London, England, in the London Borough of Bexley. Found 11.3 miles south east of Charing Cross, it fringes the London Boroughs of Bromley and Greenwich and also the area of Kent. 

The town contains Queen Mary's Hospital, a huge Leisure Center, four universities and three auxiliary schools. There are two shopping parades, the High Street which contains a Waitrose, Prezzo, McDonalds, KFC, Pizza Hut, Wetherspoon's, Costa Coffee, Cafe Nero, Greggs, with aMorrisons placed near to the high road. There are likewise loads of shops at Station Road including Dominos, Papa Johns and a few different restaurants and bistros. Blackfen, Foots Cray, Longlands, and Lamorbey are all locale inside Sidcup.

 
 

Sidcup Map

Estimated Price: £340,261
Average Asking Price: £358,864
Price change in last one year: £34,953
Average Price Paid: £259,594
Average Rent Rates: £1,029

 
 

Property Prices Breakdown in Sidcup

Average Price for property in Sidcup is around £340,261 which varies based on type of property you are interested in and ranges from £585,953 for detached house to around £394,985 for semi-detached. Similarly terraced house is around £291,368 and a flat is worth £201,297. Values have been changing and have risen £5,222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,680 in last 6 months, £34,953 in last 1 year, £52,641 in last 2 years, £64,524 in last 3 years, £61,560 in last 4 years and £70,880 in last 5 years.

Currently average asking price of a property in Sidcup is around £358,864 based on approximately 794 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,029 per month.

Estimated property value in Sidcup is £340,261. Average asking price is £358,864 while average price paid is £289,270 which is up by £34,953 and Avg. asking rent £1,029.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Sidcup area. In last 1 year alone average price buyer paid is around £289,270 based on approximately 794 sales in Sidcup area alone. If you compare it to last 3 years sales of 2,327 properties where buyers paid around £267,993. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £259,594 for 3,613 and average amount paid for purchase of approx. 4,782 properties sold in last 7 years comes to about £252,873 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £187,125, £246,534 for a 2 bedroom house, £320,778 for a 3 bedroom house, £498,896 for a 4 bedroom house and £618,325 for a 5 bedroom house. For a flat similarly the prices varies from £147,794 for a single bedroom to £191,262 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £217,498. To sum up the asking prices for properties in Sidcup it comes to around average £154,350 for 1 bedroom property, £221,201 for 2 bedroom, £314,703 for 3 bedroom, £498,896 for 4 bedroom and £618,325 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £451 for 1 bedroom to £1,129 for 2 bedrooms, £1,274 for 3 bedrooms, £2,399 for 4 bedrooms and £1,950 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £730. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,060. You should be generally be expecting around average £637 rent per month for single bedroom property, £1,087 for 2 bedroom, £1,274 for 3 bedroom, £2,398 for 4 bedroom and approximately £1,950 for a 5 bedroom property in Sidcup area.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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