£716,267
This estimated value is based upon the latest sale price for the house of £700,000 on 13 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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373 New Cross Road, London, SE14 6AT
Phone: 02036412128
| Price Paid | Date |
|---|---|
| £700,000 | 13 Oct 2023 |
| £450,000 | 25 Jun 2003 |
| £214,500 | 26 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £700,000 results in an estimated price of approximately £716,267.
| 13 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £700,000 | £16,267 | £716,267 |
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 | 250.505 % | £1,753,535 | £2,453,535 |
| 3 Month Average | 5.997 % | £41,977 | £741,977 |
| 6 Month Average | 14.482 % | £101,375 | £801,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £716,268 | £700,000 | 408 NEW CROSS ROAD |
| 14 Aug 2023 | £485,761 | £477,000 | 436B NEW CROSS ROAD |
| 14 Apr 2023 | £374,505 | £367,500 | FLAT 7 390 NEW CROSS ROAD |
| 17 Mar 2023 | £386,454 | £380,000 | FLAT 3, 429 NEW CROSS ROAD |
| 3 Mar 2023 | £366,114 | £360,000 | FLAT 1 450 NEW CROSS ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 9 Jul 2020. Using an estimated price of £716,268 means this house is valued at £5,385 per sq meter (£500 per sq foot).
The average size of a house on NEW CROSS ROAD is 74 sq meters (802 sq feet).