£235,299
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Nov 2004. 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 |
|---|---|
| £125,000 | 12 Nov 2004 |
| £192,000 | 12 Mar 2004 |
| £105,000 | 14 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £125,000 results in an estimated price of approximately £235,299.
| 12 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £125,000 | £110,299 | £235,299 |
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 | -3.653 % | £-4,566 | £120,433 |
| 3 Month Average | 83.745 % | £104,681 | £229,681 |
| 6 Month Average | 110.728 % | £138,410 | £263,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £511,977 | £505,775 | 146B ERLANGER ROAD |
| 5 Aug 2022 | £654,239 | £656,000 | 183A WALLER ROAD |
| 15 Jul 2022 | £602,622 | £601,000 | 11A DRAKEFELL ROAD |
| 22 Mar 2022 | £1,554,393 | £1,500,000 | 162 ERLANGER ROAD |
| 25 Feb 2022 | £586,745 | £559,500 | 71 KITTO ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 26 Mar 2019. Using an estimated price of £235,299 means this house is valued at £2,643 per sq meter (£245 per sq foot).
The average size of a house on KITTO ROAD is 104 sq meters (1,120 sq feet).