£240,725
This estimated value is based upon the latest sale price for the house of £49,995 on 23 Mar 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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373 New Cross Road, London, SE14 6AT
Phone: 02036412128
| Price Paid | Date |
|---|---|
| £49,995 | 23 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 461 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 1998 the House Price Index for GREATER LONDON was 31.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 381.499%.Applying this 381.499% change to the original purchase price of £49,995 results in an estimated price of approximately £240,725.
| 23 Mar 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 149.7 | 381.499 % | £49,995 | £190,730 | £240,725 |
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 | 721.061 % | £360,494 | £410,489 |
| 3 Month Average | 586.326 % | £293,133 | £343,128 |
| 6 Month Average | 473.870 % | £236,911 | £286,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2022 | £307,438 | £306,000 | 364B NEW CROSS ROAD |
| 1 Jul 2022 | £202,024 | £200,000 | FLAT 1 21 PARKFIELD ROAD |
| 18 May 2022 | £236,152 | £230,000 | FLAT 13 CROSSLEIGH COURT, 407B NEW CROSS ROAD |
| 23 Apr 2021 | £258,221 | £227,000 | FLAT 15 CROSSLEIGH COURT, 407B NEW CROSS ROAD |
| 25 Mar 2021 | £644,775 | £575,000 | 376 NEW CROSS ROAD |
This house has a floor area of 42 sq meters or 461 sq feet when measured on 18 Mar 2011. Using an estimated price of £240,725 means this house is valued at £5,619 per sq meter (£522 per sq foot).
The average size of a house on NEW CROSS ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | On or near New Cross (Station) | |
| May 2024 | Criminal damage and arson | On or near New Cross (Station) |