£1,600,224
This estimated value is based upon the latest sale price for the house of £1,485,000 on 16 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Musgrove Road
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256 New Cross Road, London, SE14 5PL
Phone: 02077327777
| Price Paid | Date |
|---|---|
| £1,485,000 | 16 Sep 2021 |
| £650,000 | 13 May 2011 |
| £487,500 | 10 Jun 2003 |
| £120,000 | 30 Nov 1995 |
| £65,000 | 30 Jan 1995 |
| Freehold |
| Floor Area: 238 sq meters or 2,561 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 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £1,485,000 results in an estimated price of approximately £1,600,224.
| 16 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £1,485,000 | £115,224 | £1,600,224 |
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 | -63.848 % | £-948,147 | £536,852 |
| 3 Month Average | -29.653 % | £-440,343 | £1,044,656 |
| 6 Month Average | -21.581 % | £-320,475 | £1,164,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £762,606 | £755,421 | 20A OMMANEY ROAD |
| 17 Mar 2023 | £262,473 | £260,000 | FLAT 4 29A OMMANEY ROAD |
| 3 Mar 2023 | £615,802 | £610,000 | FLAT A 35 OMMANEY ROAD |
| 11 Nov 2022 | £494,016 | £500,000 | 15C MUSGROVE ROAD |
| 21 Jun 2022 | £471,666 | £465,000 | FLAT 2 55 OMMANEY ROAD |
This house has a floor area of 238 sq meters or 2,561 sq feet when measured on 3 Jul 2020. Using an estimated price of £1,600,225 means this house is valued at £6,723 per sq meter (£624 per sq foot).
The average size of a house on MUSGROVE ROAD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Musgrove Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Musgrove Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Musgrove Road |
| Apr 2024 | Anti-social behaviour | On or near Ommaney Road | |
| Apr 2024 | Anti-social behaviour | On or near Ommaney Road |