£3,142,307
This estimated value is based upon the latest sale price for the house of £3,010,066 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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405 Footscray Road, New Eltham, SE9 3UL
Phone: 02035514545
| Price Paid | Date |
|---|---|
| £3,010,066 | 24 Mar 2022 |
| £135,000 | 17 Dec 1998 |
| £67,000 | 5 Dec 1995 |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £3,010,066 results in an estimated price of approximately £3,142,307.
| 24 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £3,010,066 | £132,241 | £3,142,307 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 8.918 % | £268,428 | £3,278,494 |
| 3 Month Average | 6.193 % | £186,406 | £3,196,472 |
| 6 Month Average | 12.305 % | £370,374 | £3,380,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £304,681 | £300,000 | 28 EASTNOR ROAD |
| 30 Oct 2023 | £240,461 | £235,000 | 73 AVERY HILL ROAD |
| 22 Jul 2022 | £126,265 | £125,000 | 12 QUILTERS PLACE |
| 24 Mar 2022 | £3,142,307 | £3,010,066 | 22 MERCHLAND ROAD |
| 7 Jan 2022 | £381,671 | £360,000 | 60 MERCHLAND ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 18 Aug 2021. Using an estimated price of £3,142,307 means this house is valued at £31,111 per sq meter (£2,890 per sq foot).
The average size of a house on MERCHLAND ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Eastnor Road | |
| Oct 2024 | Anti-social behaviour | On or near Eastnor Road | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Quilters Place |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Quilters Place |
| Oct 2024 | Drugs | Under investigation | On or near Quilters Place |