£440,858
This estimated value is based upon the latest sale price for the house of £245,000 on 15 Jul 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
405 Footscray Road, New Eltham, SE9 3UL
Phone: 02035514545
| Price Paid | Date |
|---|---|
| £245,000 | 15 Jul 2009 |
| £210,000 | 2 Feb 2004 |
| £210,000 | 2 Feb 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2009 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 79.942%.Applying this 79.942% change to the original purchase price of £245,000 results in an estimated price of approximately £440,858.
| 15 Jul 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 146.7 | 79.942 % | £245,000 | £195,858 | £440,858 |
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 | 90.372 % | £221,410 | £466,410 |
| 3 Month Average | 119.215 % | £292,076 | £537,076 |
| 6 Month Average | 111.728 % | £273,732 | £518,732 |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 10 Jan 2020.
The average size of a house on MERVYN AVENUE is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clayfarm Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Clayfarm Road |