£215,727
This estimated value is based upon the latest sale price for the house of £137,500 on 1 Aug 2007. 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 |
|---|---|
| £137,500 | 1 Aug 2007 |
| £115,000 | 6 Sep 2002 |
| £73,000 | 19 Jan 2001 |
| £23,000 | 9 Feb 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 August 2007 the House Price Index for GREATER LONDON was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £137,500 results in an estimated price of approximately £215,727.
| 1 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £137,500 | £78,227 | £215,727 |
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 | -25.060 % | £-34,456 | £103,043 |
| 3 Month Average | 48.144 % | £66,197 | £203,697 |
| 6 Month Average | 74.842 % | £102,908 | £240,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £201,902 | £200,000 | FLAT 6 HEYWOOD HOUSE, 2 MYERS LANE |
| 26 Aug 2022 | £291,216 | £292,000 | FLAT 2 HENDERSON COURT, 6 MYERS LANE |
| 11 Sep 2020 | £243,413 | £205,000 | FLAT 27 VERONA COURT, 5 MYERS LANE |
| 21 Aug 2020 | £299,767 | £250,000 | FLAT 18 VERONA COURT, 5 MYERS LANE |
| 30 Jan 2020 | £258,579 | £212,000 | FLAT 14 GRAHAM COURT, 7 MYERS LANE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 5 Nov 2015. Using an estimated price of £215,728 means this house is valued at £5,531 per sq meter (£513 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 |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Myers Lane |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Myers Lane |
| Jan 2024 | Theft from the person | Under investigation | On or near Myers Lane |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Myers Lane |