£600,236
This estimated value is based upon the latest sale price for the house of £585,000 on 30 Nov 2023. 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 |
|---|---|
| £585,000 | 30 Nov 2023 |
| £293,350 | 2 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,331 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £585,000 results in an estimated price of approximately £600,236.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £585,000 | £15,236 | £600,236 |
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 | 9.081 % | £53,123 | £638,123 |
| 3 Month Average | 10.871 % | £63,592 | £648,592 |
| 6 Month Average | 5.505 % | £32,206 | £617,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £600,236 | £585,000 | 35 GERDA ROAD |
| 4 Aug 2023 | £544,827 | £535,000 | 56 CADWALLON ROAD |
| 6 Jan 2023 | £596,594 | £595,000 | 51 CADWALLON ROAD |
| 10 Jun 2022 | £631,499 | £618,000 | 58 CADWALLON ROAD |
| 27 May 2022 | £636,584 | £620,000 | 25 GERDA ROAD |
This house has a floor area of 123 sq meters or 1,331 sq feet when measured on 30 Oct 2008. Using an estimated price of £600,236 means this house is valued at £4,853 per sq meter (£450 per sq foot).
The average size of a house on GERDA ROAD is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bishops Close |
| Jul 2024 | Other theft | Under investigation | On or near Bishops Close |
| Oct 2024 | Drugs | Under investigation | On or near Bercta Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bercta Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bercta Road |