£763,513
This estimated value is based upon the latest sale price for the house of £580,000 on 23 Jan 2017. 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 |
---|---|
£580,000 | 23 Jan 2017 |
£330,000 | 31 May 2007 |
£138,000 | 26 Feb 1999 |
Semi-Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £580,000 results in an estimated price of approximately £763,513.
23 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £580,000 | £183,513 | £763,513 |
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 | -11.260 % | £-65,309 | £514,690 |
3 Month Average | 23.795 % | £138,009 | £718,009 |
6 Month Average | 25.243 % | £146,406 | £726,406 |
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 |
31 Mar 2022 | £467,682 | £448,000 | 51 AVERY HILL ROAD |
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 129 sq meters or 1,388 sq feet when measured on 13 Mar 2015. Using an estimated price of £763,513 means this house is valued at £5,918 per sq meter (£549 per sq foot).
The average size of a house on MERCHLAND ROAD is 91 sq meters (987 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Under investigation | On or near Stanley Close |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Stanley Close |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Stanley Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Stanley Close |
Sep 2024 | Other theft | Under investigation | On or near Stanley Close |