£199,043
This estimated value is based upon the latest sale price for the house of £48,000 on 15 Oct 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 New Cross Road, London, SE14 5DJ
Phone: 02081159871
Price Paid | Date |
---|---|
£48,000 | 15 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 29 sq meters or 312 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 October 1999 the House Price Index for GREATER LONDON was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £48,000 results in an estimated price of approximately £199,043.
15 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
35.8 | 148.6 | 314.674 % | £48,000 | £151,043 | £199,043 |
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 | 97.619 % | £46,857 | £94,857 |
3 Month Average | 272.603 % | £130,849 | £178,849 |
6 Month Average | 314.183 % | £150,807 | £198,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2023 | £201,902 | £200,000 | FLAT 6 HEYWOOD HOUSE, 2 MYERS LANE |
7 Nov 2022 | £271,709 | £275,000 | FLAT 9 DALTON HOUSE JOHN WILLIAMS CLOSE |
17 Jun 2022 | £205,910 | £203,000 | FLAT 18 DOBSON HOUSE JOHN WILLIAMS CLOSE |
26 Nov 2021 | £216,573 | £200,250 | FLAT 13 CAREW COURT, 3 SAMUEL CLOSE |
30 Sep 2021 | £317,890 | £295,000 | FLAT 14 GREENE COURT, 2 SAMUEL CLOSE |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 23 Sep 2019. Using an estimated price of £199,043 means this house is valued at £6,863 per sq meter (£637 per sq foot).
The average size of a house on MYERS LANE is 44 sq meters (478 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Samuel Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Samuel Close |
Jan 2024 | Anti-social behaviour | On or near Samuel Close | |
Jan 2024 | Vehicle crime | Under investigation | On or near Samuel Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Samuel Close |