£602,571
This estimated value is based upon the latest sale price for the house of £380,000 on 24 Mar 2014. 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 |
|---|---|
| £380,000 | 24 Mar 2014 |
| £245,000 | 31 Oct 2005 |
| £165,000 | 19 Jul 2001 |
| £102,000 | 17 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £380,000 results in an estimated price of approximately £602,571.
| 24 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £380,000 | £222,571 | £602,571 |
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 | 73.536 % | £279,436 | £659,436 |
| 3 Month Average | 70.296 % | £267,126 | £647,126 |
| 6 Month Average | 57.738 % | £219,403 | £599,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £845,820 | £830,000 | 12 HATCHAM PARK MEWS |
| 30 Jan 2023 | £527,911 | £526,500 | FLAT 18 FAIRLAWN MANSIONS NEW CROSS ROAD |
| 26 Aug 2022 | £693,242 | £690,000 | 22 HATCHAM PARK MEWS |
| 16 May 2022 | £816,265 | £795,000 | 15 HATCHAM PARK MEWS |
| 25 Apr 2022 | £363,098 | £350,000 | FLAT 1 SMIKLE COURT HATCHAM PARK MEWS |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 11 Mar 2021. Using an estimated price of £602,571 means this house is valued at £6,212 per sq meter (£577 per sq foot).
The average size of a house on NEW CROSS ROAD is 74 sq meters (802 sq feet).