£699,711
This estimated value is based upon the latest sale price for the house of £552,500 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
| Price Paid | Date |
|---|---|
| £552,500 | 15 Dec 2017 |
| £180,000 | 12 Apr 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £552,500 results in an estimated price of approximately £699,711.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £552,500 | £147,211 | £699,711 |
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 | -8.190 % | £-45,248 | £507,251 |
| 3 Month Average | 16.995 % | £93,899 | £646,399 |
| 6 Month Average | 29.120 % | £160,889 | £713,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £1,614,016 | £1,600,000 | 20 PEPYS ROAD |
| 11 Oct 2023 | £434,877 | £425,000 | 24D PEPYS ROAD |
| 14 Aug 2023 | £1,481,724 | £1,455,000 | 56 PEPYS ROAD |
| 26 Aug 2022 | £338,081 | £336,500 | 30C ERLANGER ROAD |
| 13 May 2022 | £431,235 | £420,000 | FLAT B 90 ERLANGER ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 Jun 2016. Using an estimated price of £699,712 means this house is valued at £11,859 per sq meter (£1,101 per sq foot).
The average size of a house on ERLANGER ROAD is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sherwin Road |
| Aug 2024 | Anti-social behaviour | On or near Sherwin Road | |
| Aug 2024 | Anti-social behaviour | On or near Sherwin Road | |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Sherwin Road |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherwin Road |