£215,669
This estimated value is based upon the latest sale price for the house of £115,000 on 11 Mar 2005. 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 |
---|---|
£115,000 | 11 Mar 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 279 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £115,000 results in an estimated price of approximately £215,669.
11 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.538 % | £115,000 | £100,669 | £215,669 |
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 | 195.357 % | £224,660 | £339,660 |
3 Month Average | 185.718 % | £213,575 | £328,575 |
6 Month Average | 161.793 % | £186,062 | £301,062 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £172,653 | £170,000 | FLAT 5 SEYMORE MEWS NEW CROSS ROAD |
3 Nov 2023 | £257,537 | £251,000 | FLAT 1 PARKFIELD COURT PARKFIELD ROAD |
22 Sep 2023 | £258,192 | £252,500 | FLAT 3 PARKFIELD COURT PARKFIELD ROAD |
1 Aug 2023 | £495,232 | £486,300 | 13 LEWISHAM WAY |
17 Aug 2022 | £307,438 | £306,000 | 364B NEW CROSS ROAD |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 16 Mar 2015. Using an estimated price of £215,669 means this house is valued at £8,294 per sq meter (£770 per sq foot).
The average size of a house on NEW CROSS ROAD is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Parkfield Road | |
Apr 2024 | Anti-social behaviour | On or near Parkfield Road | |
Apr 2024 | Anti-social behaviour | On or near Parkfield Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parkfield Road |
Apr 2024 | Shoplifting | Under investigation | On or near Parkfield Road |