2, PROSPECT CLOSE, BELVEDERE, DA17 5EB - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 PROSPECT CLOSE is a small extended semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £494,127. It was last sold for £230,000 in July 2010, which was around 6% below the average July 2010 semi-detached price in the Bexley local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

2 PROSPECT CLOSE Sold Prices

Land registry data shows one sale for 2 PROSPECT CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Bexley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 9 JUL	£230,000	£245,598	6% below HPI

What might 2 PROSPECT CLOSE be worth now?

2 PROSPECT CLOSE might now be worth an estimated £494,127.

This is based on house price inflation of 114.8%, between July 2010 and May 2026, for semi-detached houses, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 114.8% inflationary increase is applied to the most recent sale price for 2 PROSPECT CLOSE of £230,000 on 9th July 2010. For the value to have increased from £230,000 to £494,127 over the sixteen years and two months to May 2026, the following assumptions must hold true:

• The value of 2 PROSPECT CLOSE has moved in line with the HPI for semi-detached houses in the Bexley local authority area.
• The July 2010 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PROSPECT CLOSE has not materially changed since July 2010.

How Large is 2 PROSPECT CLOSE?

2 PROSPECT CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the smallest 40% of semi-detached houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses by size in London, and where 2 PROSPECT CLOSE lies on this distribution: 34% of semi-detached houses are smaller than 2 PROSPECT CLOSE, and 66% of semi-detached houses are larger. Note that EPC data is not available for all properties in London.

2 PROSPECT CLOSE: Plot

2 PROSPECT CLOSE sits on a plot of roughly 0.087 of an acre, or 351m².

Where is 2 PROSPECT CLOSE?

2 PROSPECT CLOSE is located in BELVEDERE, in the DA17 postcode district.