# House prices in DA14 5 (Albany Park)

This article reveals price per square metre data and various charts to help you understand current housing market in Albany Park, Sidcup (DA14 5).

## Defining 'DA14 5'

This analysis is limited to properties whose postcode starts with "DA14 5", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Albany Park.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Albany Park is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 20, Mount Culver Avenue, Albany Park, Sidcup, sold for £273,000 on Feb-2024. Given the internal area of 72 square metres, the price per sqm is £3,791.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 78 sales in Albany Park (DA14 5) that took place in the last two years.

##### Distribution of £ per sqm for Albany Park, Sidcup
Distribution of £ per sqm house prices in Albany Park

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Albany Park (DA14 5). Of the 78 transactions, half were sold for between £3,940 and £5,270 per square metre. The median, or 'middle', price per square metre in 'DA14 5' is £4,770. Notably, only 25% of properties that sold recently were valued at more than £5,270 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Albany Park, Sidcup

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Sidcup. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Albany Park, Sidcup

## Comparison with neighbouring postcode sectors

The table below shows how 'DA14 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
DA14 5 Albany Park £3,940 sqm £4,770 sqm £5,270 sqm
DA14 4 Sidcup £4,680 sqm £5,260 sqm £5,960 sqm
DA14 6 Sidcup £4,440 sqm £5,000 sqm £5,460 sqm

## Will Sidcup house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for DA14 5 (Albany Park) compared with both the wider area DA14 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Albany Park,Sidcup
House price trends for Albany Park

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent DA14 5 sales
Recent trends for Albany Park

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Sidcup to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Sidcup and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Palm Avenue, Albany Park, DA14 5J 67 sqm £5,563 16
The Grove, Albany Park, DA14 5N 113 sqm £5,084 13
Maidstone Road, Albany Park, DA14 5A 103 sqm £4,472 13
Mount Culver Avenue, Albany Park, DA14 5J 85 sqm £4,480 13
Ellenborough Road, Albany Park, DA14 5L 78 sqm £4,107 13
Gattons Way, Albany Park, DA14 5E 81 sqm £4,885 11
Suffolk Road, Albany Park, DA14 5D 78 sqm £4,813 11
Rectory Lane, Albany Park, DA14 5B 102 sqm £4,943 7

## Raw data

Our analysis of Albany Park is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.