£345,959
This estimated value is based upon the latest sale price for the house of £336,500 on 26 Aug 2022. 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 |
---|---|
£336,500 | 26 Aug 2022 |
£280,000 | 27 Mar 2015 |
£164,000 | 17 Sep 2004 |
£102,500 | 31 Jan 2002 |
£84,000 | 3 Sep 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 August 2022 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 2.811%.Applying this 2.811% change to the original purchase price of £336,500 results in an estimated price of approximately £345,959.
26 Aug 2022 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 102.4 | 2.811 % | £336,500 | £9,459 | £345,959 |
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 | -34.187 % | £-115,038 | £221,461 |
3 Month Average | -18.257 % | £-61,435 | £275,064 |
6 Month Average | -8.637 % | £-29,064 | £307,435 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Feb 2025 | £499,500 | £499,500 | 278 QUEENS ROAD |
12 Aug 2024 | £1,273,568 | £1,237,500 | 21 WALLER ROAD |
31 May 2024 | £432,713 | £417,500 | TOP FLOOR FLAT 300 QUEENS ROAD |
29 Apr 2024 | £1,578,189 | £1,515,000 | 43 ERLANGER ROAD |
15 Mar 2024 | £193,504 | £185,000 | 45C WALLER ROAD |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 4 Sep 2014. Using an estimated price of £345,960 means this house is valued at £9,610 per sq meter (£892 per sq foot).
The average size of a house on ERLANGER ROAD is 137 sq meters (1,480 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherwin Road |
Jan 2025 | Violence and sexual offences | Under investigation | On or near Sherwin Road |