£596,394
This estimated value is based upon the latest sale price for the house of £342,500 on 5 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
Price Paid | Date |
---|---|
£342,500 | 5 Aug 2011 |
£250,000 | 23 Jun 2006 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,189 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £342,500 results in an estimated price of approximately £596,394.
5 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.130 % | £342,500 | £253,894 | £596,394 |
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 | 132.836 % | £454,964 | £797,464 |
3 Month Average | 109.211 % | £374,047 | £716,547 |
6 Month Average | 77.039 % | £263,859 | £606,359 |
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 |
23 Mar 2023 | £734,394 | £722,130 | 43 HATCHAM PARK ROAD |
23 Feb 2023 | £379,535 | £377,000 | 46B BILLINGTON ROAD |
This house has a floor area of 110 sq meters or 1,189 sq feet when measured on 26 Aug 2010. Using an estimated price of £596,395 means this house is valued at £5,395 per sq meter (£501 per sq foot).
The average size of a house on BILLINGTON ROAD is 85 sq meters (922 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Billington Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Egmont Street |
Apr 2024 | Vehicle crime | Under investigation | On or near Egmont Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Egmont Street |