£556,818
This estimated value is based upon the latest sale price for the house of £357,500 on 30 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
| Price Paid | Date |
|---|---|
| £357,500 | 30 May 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £357,500 results in an estimated price of approximately £556,818.
| 30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £357,500 | £199,318 | £556,818 |
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 | 70.744 % | £252,909 | £610,409 |
| 3 Month Average | 65.456 % | £234,005 | £591,505 |
| 6 Month Average | 52.612 % | £188,086 | £545,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £335,303 | £325,000 | FLAT 7 WALSHAM HOUSE WALSHAM ROAD |
| 16 Jun 2023 | £454,100 | £445,000 | FLAT B 124 DENNETTS ROAD |
| 31 Mar 2023 | £1,403,438 | £1,380,000 | 87 DENNETTS ROAD |
| 17 Feb 2023 | £1,082,229 | £1,075,000 | 26 BOUSFIELD ROAD |
| 19 Jan 2023 | £376,005 | £375,000 | 96B WALLER ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 19 Feb 2014. Using an estimated price of £556,818 means this house is valued at £11,847 per sq meter (£1,100 per sq foot).
The average size of a house on BOUSFIELD ROAD is 106 sq meters (1,151 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (505 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Waller Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Waller Road |
| Apr 2024 | Public order | Under investigation | On or near Waller Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bousfield Road |