£220,482
This estimated value is based upon the latest sale price for the house of £129,000 on 22 Mar 2012. 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 |
|---|---|
| £129,000 | 22 Mar 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 458 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £129,000 results in an estimated price of approximately £220,482.
| 22 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £129,000 | £91,482 | £220,482 |
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 | -13.366 % | £-17,241 | £111,758 |
| 3 Month Average | 41.752 % | £53,860 | £182,860 |
| 6 Month Average | 52.759 % | £68,059 | £197,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £351,761 | £347,500 | 144 STERLING GARDENS |
| 29 Mar 2023 | £444,185 | £440,000 | 24 MARCHANT STREET |
| 31 Oct 2022 | £269,103 | £272,000 | 119 STERLING GARDENS |
| 28 Jul 2022 | £486,309 | £485,000 | 27 MARCHANT STREET |
| 1 Feb 2022 | £262,174 | £250,000 | 109 STERLING GARDENS |
This house has a floor area of 42 sq meters or 458 sq feet when measured on 24 Jan 2012. Using an estimated price of £220,482 means this house is valued at £5,175 per sq meter (£480 per sq foot).
The average size of a house on MARCHANT STREET is 77 sq meters (838 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (458 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sterling Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitcher Close |
| Jan 2024 | Public order | Under investigation | On or near Chipley Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chubworthy Street |