£249,612
This estimated value is based upon the latest sale price for the house of £64,000 on 2 Mar 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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256 New Cross Road, London, SE14 5PL
Phone: 02077327777
Price Paid | Date |
---|---|
£64,000 | 2 Mar 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 March 2000 the House Price Index for GREATER LONDON was 38.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 290.019%.Applying this 290.019% change to the original purchase price of £64,000 results in an estimated price of approximately £249,612.
2 Mar 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
38.4 | 149.7 | 290.019 % | £64,000 | £185,612 | £249,612 |
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 | 521.451 % | £333,728 | £397,728 |
3 Month Average | 450.788 % | £288,504 | £352,504 |
6 Month Average | 394.163 % | £252,264 | £316,264 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £263,084 | £255,000 | 12 WOODRUSH CLOSE |
7 Feb 2023 | £347,320 | £345,000 | 63 SOUTHERNGATE WAY |
6 Feb 2023 | £251,681 | £250,000 | 8 SILVER CLOSE |
6 Feb 2023 | £523,497 | £520,000 | 2 WOODRUSH CLOSE |
16 Aug 2022 | £323,513 | £322,000 | 50 SOUTHERNGATE WAY |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 30 Nov 2015. Using an estimated price of £249,612 means this house is valued at £6,746 per sq meter (£626 per sq foot).
The average size of a house on SOUTHERNGATE WAY is 53 sq meters (581 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Redstart Close | |
Apr 2024 | Anti-social behaviour | On or near Redstart Close | |
Apr 2024 | Anti-social behaviour | On or near Redstart Close | |
Apr 2024 | Anti-social behaviour | On or near Redstart Close | |
Apr 2024 | Shoplifting | Under investigation | On or near Auburn Close |