£1,528,991
This estimated value is based upon the latest sale price for the house of £1,195,000 on 4 Aug 2017. 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 |
|---|---|
| £1,195,000 | 4 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £1,195,000 results in an estimated price of approximately £1,528,991.
| 4 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £1,195,000 | £333,991 | £1,528,991 |
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 | 62.883 % | £751,455 | £1,946,455 |
| 3 Month Average | 12.168 % | £145,408 | £1,340,408 |
| 6 Month Average | 14.999 % | £179,242 | £1,374,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,650,723 | £1,600,000 | 68 PEPYS ROAD |
| 4 Sep 2023 | £271,497 | £265,512 | 35A PEPYS ROAD |
| 30 Jan 2023 | £651,741 | £650,000 | 37B PEPYS ROAD |
| 9 Aug 2022 | £464,170 | £462,000 | 5D PEPYS ROAD |
| 14 Jun 2022 | £710,181 | £695,000 | 89A ERLANGER ROAD |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 16 May 2017. Using an estimated price of £1,528,991 means this house is valued at £7,963 per sq meter (£739 per sq foot).
The average size of a house on PEPYS ROAD is 102 sq meters (1,102 sq feet).