£339,012
This estimated value is based upon the latest sale price for the house of £167,000 on 6 May 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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130a New Cross Road, London, SE14 5BA
Phone: 02081661764
| Price Paid | Date |
|---|---|
| £167,000 | 6 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £167,000 results in an estimated price of approximately £339,012.
| 6 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £167,000 | £172,012 | £339,012 |
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 | 338.411 % | £565,146 | £732,146 |
| 3 Month Average | 150.956 % | £252,097 | £419,097 |
| 6 Month Average | 184.649 % | £308,363 | £475,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2024 | £960,000 | £960,000 | 22 WALLER ROAD |
| 25 Apr 2024 | £1,235,731 | £1,225,000 | 38 WALLER ROAD |
| 21 Dec 2023 | £263,084 | £255,000 | 60D WALLER ROAD |
| 19 Dec 2023 | £335,303 | £325,000 | FLAT 7 WALSHAM HOUSE WALSHAM ROAD |
| 3 Aug 2023 | £280,051 | £275,000 | 41 SWALLOW CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 26 Oct 2016. Using an estimated price of £339,013 means this house is valued at £4,460 per sq meter (£414 per sq foot).
The average size of a house on WELLINGTON CLOSE is 147 sq meters (1,587 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wellington Close | |
| Jul 2024 | Anti-social behaviour | On or near Wellington Close | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wellington Close |
| Jul 2024 | Anti-social behaviour | On or near Wellington Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rutt'S Terrace |