£1,264,536
This estimated value is based upon the latest sale price for the house of £1,050,000 on 16 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Wellington Close
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157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
| Price Paid | Date |
|---|---|
| £1,050,000 | 16 Jul 2020 |
| £992,500 | 19 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,264,536.
| 16 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £1,050,000 | £214,536 | £1,264,536 |
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 | -79.882 % | £-838,757 | £211,242 |
| 3 Month Average | -24.738 % | £-259,751 | £790,248 |
| 6 Month Average | -15.868 % | £-166,613 | £883,386 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £242,292 | £240,000 | 60C WALLER ROAD |
| 3 Apr 2023 | £453,370 | £450,000 | 48A WALLER ROAD |
| 20 Mar 2023 | £397,147 | £395,000 | 40A WALLER ROAD |
| 30 Jan 2023 | £341,996 | £345,000 | FIRST FLOOR FLAT 27B WALLER ROAD |
| 26 Aug 2022 | £334,242 | £336,500 | 30C ERLANGER ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 26 Feb 2015. Using an estimated price of £1,264,536 means this house is valued at £8,781 per sq meter (£815 per sq foot).
The average size of a house on WALLER ROAD is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellington Close |
| Mar 2024 | Burglary | Under investigation | On or near Wellington Close |
| Feb 2024 | Drugs | Under investigation | On or near Wellington Close |
| Feb 2024 | Anti-social behaviour | On or near Wellington Close | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wellington Close |