£9,115,437
This estimated value is based upon the latest sale price for the house of £1,487,500 on 28 Jun 2024. 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 |
|---|---|
| £1,487,500 | 28 Jun 2024 |
| £792,000 | 12 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £1,487,500 results in an estimated price of approximately £9,115,437.
| 28 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £1,487,500 | £7,627,937 | £9,115,437 |
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 | 3.608 % | £53,675 | £1,541,175 |
| 3 Month Average | -24.221 % | £-360,287 | £1,127,212 |
| 6 Month Average | 14.730 % | £219,107 | £1,706,607 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2024 | £475,000 | £475,000 | FIRST FLOOR FLAT 11 DRAKEFELL ROAD |
| 15 Sep 2023 | £1,698,441 | £1,661,000 | 88 DRAKEFELL ROAD |
| 25 Aug 2023 | £1,104,929 | £1,085,000 | 60 DRAKEFELL ROAD |
| 11 Aug 2022 | £614,875 | £612,000 | FLAT C 96 DRAKEFELL ROAD |
| 15 Jul 2022 | £607,083 | £601,000 | 11A DRAKEFELL ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 13 Apr 2017.
The average size of a house on DRAKEFELL ROAD is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near B2142 |
| Sep 2024 | Anti-social behaviour | On or near B2142 | |
| Sep 2024 | Anti-social behaviour | On or near B2142 | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B2142 |