£588,745
This estimated value is based upon the latest sale price for the house of £340,000 on 31 Jan 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near New Cross Road
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373 New Cross Road, London, SE14 6AT
Phone: 02036412128
| Price Paid | Date |
|---|---|
| £340,000 | 31 Jan 2012 |
| £340,000 | 31 Jan 2008 |
| £199,995 | 7 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 934 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 January 2012 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £340,000 results in an estimated price of approximately £588,745.
| 31 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £340,000 | £248,745 | £588,745 |
The Postcode Pricing Model uses changes in average sales price within the SE14 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 | 103.783 % | £352,861 | £692,861 |
| 3 Month Average | 90.482 % | £307,640 | £647,640 |
| 6 Month Average | 71.862 % | £244,331 | £584,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £387,500 | £387,500 | SECOND FLOOR FLAT 1A FLORENCE ROAD |
| 30 Nov 2023 | £613,062 | £597,500 | 2D FLORENCE ROAD |
| 14 Aug 2023 | £485,761 | £477,000 | 436B NEW CROSS ROAD |
| 3 Mar 2023 | £366,114 | £360,000 | FLAT 1 450 NEW CROSS ROAD |
| 28 Nov 2022 | £365,790 | £367,500 | 3B FLORENCE ROAD |
This house has a floor area of 86 sq meters or 934 sq feet when measured on 13 Sep 2011. Using an estimated price of £588,745 means this house is valued at £6,783 per sq meter (£630 per sq foot).
The average size of a house on FLORENCE ROAD is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near New Cross Road |
| Apr 2024 | Burglary | Under investigation | On or near New Cross Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |