£429,812
This estimated value is based upon the latest sale price for the house of £345,000 on 2 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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373 New Cross Road, London, SE14 6AT
Phone: 02036412128
Price Paid | Date |
---|---|
£345,000 | 2 Apr 2019 |
£210,000 | 30 Apr 2010 |
£67,000 | 8 Oct 1998 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 592 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £345,000 results in an estimated price of approximately £429,812.
2 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £345,000 | £84,812 | £429,812 |
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 | -43.021 % | £-148,423 | £196,576 |
3 Month Average | 12.991 % | £44,817 | £389,817 |
6 Month Average | 3.064 % | £10,569 | £355,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2022 | £307,438 | £306,000 | 364B NEW CROSS ROAD |
27 May 2022 | £574,979 | £560,000 | 364A NEW CROSS ROAD |
18 May 2022 | £236,152 | £230,000 | FLAT 13 CROSSLEIGH COURT, 407B NEW CROSS ROAD |
28 Sep 2021 | £597,063 | £550,000 | 98 AMERSHAM VALE |
23 Apr 2021 | £258,221 | £227,000 | FLAT 15 CROSSLEIGH COURT, 407B NEW CROSS ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 13 Aug 2013. Using an estimated price of £429,813 means this house is valued at £7,814 per sq meter (£726 per sq foot).
The average size of a house on EXETER WAY is 66 sq meters (710 sq feet).