£1,516,620
This estimated value is based upon the latest sale price for the house of £1,070,000 on 16 Oct 2015. 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 |
---|---|
£1,070,000 | 16 Oct 2015 |
£190,000 | 18 Jan 1999 |
Terraced |
Freehold |
Floor Area: 157 sq meters or 1,689 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 2015 the House Price Index for GREATER LONDON was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £1,070,000 results in an estimated price of approximately £1,516,620.
16 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 149.7 | 41.740 % | £1,070,000 | £446,620 | £1,516,620 |
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 | 40.907 % | £437,699 | £1,507,699 |
3 Month Average | 31.457 % | £336,591 | £1,406,591 |
6 Month Average | 30.610 % | £327,526 | £1,397,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2023 | £1,017 | £1,000 | 93 WALLER ROAD |
19 Jan 2023 | £376,005 | £375,000 | 96B WALLER ROAD |
12 Jan 2023 | £653,747 | £652,000 | 92 WALLER ROAD |
5 Aug 2022 | £659,082 | £656,000 | 183A WALLER ROAD |
25 Jul 2022 | £1,323,259 | £1,310,000 | 156 WALLER ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 22 Apr 2014. Using an estimated price of £1,516,621 means this house is valued at £9,660 per sq meter (£897 per sq foot).
The average size of a house on WALLER ROAD is 121 sq meters (1,308 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Waller Road |
Apr 2024 | Public order | Under investigation | On or near Waller Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Waller Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bousfield Road |