£1,042,919
This estimated value is based upon the latest sale price for the house of £850,000 on 6 Sep 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 |
|---|---|
| £850,000 | 6 Sep 2019 |
| £217,000 | 26 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £850,000 results in an estimated price of approximately £1,042,919.
| 6 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £850,000 | £192,919 | £1,042,919 |
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 | -73.473 % | £-624,517 | £225,482 |
| 3 Month Average | -23.845 % | £-202,684 | £647,315 |
| 6 Month Average | -11.355 % | £-96,514 | £753,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £355,260 | £350,000 | 35 BAILDON STREET |
| 15 Sep 2023 | £410,245 | £405,000 | FLAT 3 2A GLENVILLE GROVE |
| 14 Aug 2023 | £481,210 | £477,000 | 436B NEW CROSS ROAD |
| 21 Apr 2023 | £341,173 | £337,500 | FLAT 1 REGENCY COURT GLENVILLE GROVE |
| 17 Mar 2023 | £383,614 | £380,000 | FLAT 3, 429 NEW CROSS ROAD |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 5 Aug 2019. Using an estimated price of £1,042,919 means this house is valued at £6,098 per sq meter (£566 per sq foot).
The average size of a house on NEW CROSS ROAD is 74 sq meters (802 sq feet).