£769,589
This estimated value is based upon the latest sale price for the house of £572,000 on 10 Jun 2016. 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 |
|---|---|
| £572,000 | 10 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £572,000 results in an estimated price of approximately £769,589.
| 10 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £572,000 | £197,589 | £769,589 |
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 | -15.668 % | £-89,621 | £482,378 |
| 3 Month Average | 8.867 % | £50,718 | £622,718 |
| 6 Month Average | 14.918 % | £85,329 | £657,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £263,084 | £255,000 | 60D WALLER ROAD |
| 4 Sep 2023 | £552,172 | £540,000 | GROUND FLOOR FLAT 300 QUEENS ROAD |
| 3 Apr 2023 | £458,577 | £450,000 | 48A WALLER ROAD |
| 20 Mar 2023 | £401,709 | £395,000 | 40A WALLER ROAD |
| 30 Jan 2023 | £345,924 | £345,000 | FIRST FLOOR FLAT 27B WALLER ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Jan 2016. Using an estimated price of £769,589 means this house is valued at £7,773 per sq meter (£722 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 | Other crime | Unable to prosecute suspect | 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 | |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Sherwin Road |