£453,135
This estimated value is based upon the latest sale price for the house of £360,000 on 22 Feb 2018. 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 |
|---|---|
| £360,000 | 22 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £360,000 results in an estimated price of approximately £453,135.
| 22 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £360,000 | £93,135 | £453,135 |
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 | 0.966 % | £3,476 | £363,476 |
| 3 Month Average | 19.510 % | £70,236 | £430,236 |
| 6 Month Average | 21.458 % | £77,249 | £437,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £304,681 | £300,000 | 28 EASTNOR ROAD |
| 30 Oct 2023 | £240,461 | £235,000 | 73 AVERY HILL ROAD |
| 24 Mar 2022 | £3,142,307 | £3,010,066 | 22 MERCHLAND ROAD |
| 7 Jan 2022 | £381,671 | £360,000 | 60 MERCHLAND ROAD |
| 3 Sep 2021 | £49,935 | £45,999 | FLAT 3 1 EASTNOR ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 21 Nov 2019. Using an estimated price of £453,135 means this house is valued at £5,962 per sq meter (£553 per sq foot).
The average size of a house on MERCHLAND ROAD is 91 sq meters (987 sq feet).