£381,540
This estimated value is based upon the latest sale price for the house of £172,500 on 28 Nov 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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256 New Cross Road, London, SE14 5PL
Phone: 02077327777
Price Paid | Date |
---|---|
£172,500 | 28 Nov 2003 |
£172,500 | 28 Nov 2003 |
Flats/Maisonettes |
Freehold |
Floor Area: 43 sq meters or 462 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 November 2003 the House Price Index for GREATER LONDON was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £172,500 results in an estimated price of approximately £381,540.
28 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 148.6 | 121.183 % | £172,500 | £209,040 | £381,540 |
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 | 0.696 % | £1,200 | £173,700 |
3 Month Average | 92.808 % | £160,093 | £332,593 |
6 Month Average | 117.722 % | £203,070 | £375,570 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £259,541 | £255,000 | 12 WOODRUSH CLOSE |
28 Jul 2023 | £250,370 | £247,000 | 56 SOUTHERNGATE WAY |
7 Feb 2023 | £344,768 | £345,000 | 63 SOUTHERNGATE WAY |
6 Feb 2023 | £249,832 | £250,000 | 8 SILVER CLOSE |
6 Feb 2023 | £519,650 | £520,000 | 2 WOODRUSH CLOSE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 28 Aug 2014. Using an estimated price of £381,540 means this house is valued at £8,873 per sq meter (£824 per sq foot).
The average size of a house on WOODRUSH CLOSE is 53 sq meters (575 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Sorrell Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tarragon Close |
Jan 2024 | Public order | Under investigation | On or near Tarragon Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bawtree Road |