£399,647
This estimated value is based upon the latest sale price for the house of £250,000 on 15 Apr 2008. 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 |
|---|---|
| £250,000 | 15 Apr 2008 |
| £59,500 | 20 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £250,000 results in an estimated price of approximately £399,647.
| 15 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 149.7 | 59.859 % | £250,000 | £149,647 | £399,647 |
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 | 126.136 % | £315,338 | £565,338 |
| 3 Month Average | 106.400 % | £266,000 | £516,000 |
| 6 Month Average | 95.166 % | £237,914 | £487,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £795,000 | £795,000 | 41 BILLINGTON ROAD |
| 20 Dec 2023 | £507,597 | £492,000 | 60 BILLINGTON ROAD |
| 27 Apr 2023 | £489,149 | £480,000 | 18A BILLINGTON ROAD |
| 5 Apr 2023 | £845,820 | £830,000 | 12 HATCHAM PARK MEWS |
| 23 Mar 2023 | £734,394 | £722,130 | 43 HATCHAM PARK ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 25 Aug 2017. Using an estimated price of £399,647 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on HATCHAM PARK ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hatcham Park Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hatcham Park Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hatcham Park Road |