£1,660,488
This estimated value is based upon the latest sale price for the house of £1,250,000 on 5 Sep 2016. 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 |
---|---|
£1,250,000 | 5 Sep 2016 |
Terraced |
Freehold |
Floor Area: 190 sq meters or 2,045 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 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,660,488.
5 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £1,250,000 | £410,488 | £1,660,488 |
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 | -25.456 % | £-318,194 | £931,805 |
3 Month Average | -9.763 % | £-122,037 | £1,127,962 |
6 Month Average | -6.623 % | £-82,790 | £1,167,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £1,467,841 | £1,455,000 | 56 PEPYS ROAD |
13 Mar 2023 | £484,565 | £480,000 | 92B ERLANGER ROAD |
26 Aug 2022 | £335,597 | £336,500 | 30C ERLANGER ROAD |
14 Jun 2022 | £704,963 | £695,000 | 89A ERLANGER ROAD |
13 May 2022 | £428,066 | £420,000 | FLAT B 90 ERLANGER ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 28 Oct 2015. Using an estimated price of £1,660,489 means this house is valued at £8,739 per sq meter (£811 per sq foot).
The average size of a house on ERLANGER ROAD is 137 sq meters (1,480 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Sherwin Road |
Jan 2024 | Other theft | Under investigation | On or near Sherwin Road |
Mar 2024 | Burglary | Under investigation | On or near Erlanger Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Arbuthnot Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Arbuthnot Road |