£248,277
This estimated value is based upon the latest sale price for the house of £200,000 on 9 Nov 2018. 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 |
---|---|
£200,000 | 9 Nov 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £200,000 results in an estimated price of approximately £248,277.
9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £200,000 | £48,277 | £248,277 |
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 | 46.251 % | £92,501 | £292,501 |
3 Month Average | 9.462 % | £18,923 | £218,923 |
6 Month Average | -8.216 % | £-16,431 | £183,568 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £314,837 | £310,000 | FLAT 10 JEMOTTS COURT, 1 MYERS LANE |
21 Mar 2023 | £203,397 | £200,000 | FLAT 6 HEYWOOD HOUSE, 2 MYERS LANE |
28 Oct 2021 | £211,787 | £190,000 | FLAT 14 GRANTLEY HOUSE, 11 MYERS LANE |
27 Sep 2021 | £217,114 | £200,000 | FLAT 21 GRANTLEY HOUSE, 11 MYERS LANE |
25 Aug 2021 | £185,439 | £165,000 | FLAT 8 SUNBURY COURT, 12 MYERS LANE |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 28 Jan 2014. Using an estimated price of £248,277 means this house is valued at £7,302 per sq meter (£678 per sq foot).
The average size of a house on MYERS LANE is 44 sq meters (478 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Myers Lane |
Apr 2024 | Vehicle crime | Under investigation | On or near Mercury Way |
Apr 2024 | Burglary | Under investigation | On or near Bridge Meadows |
Apr 2024 | Robbery | Under investigation | On or near Bridge Meadows |
Apr 2024 | Robbery | Under investigation | On or near Bridge Meadows |