£514,492
This estimated value is based upon the latest sale price for the house of £476,000 on 16 Jun 2021. 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 |
---|---|
£476,000 | 16 Jun 2021 |
£442,000 | 9 Oct 2017 |
£335,000 | 5 Sep 2016 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £476,000 results in an estimated price of approximately £514,492.
16 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £476,000 | £38,492 | £514,492 |
The Postcode Pricing Model uses changes in average sales price within the BR7 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 | -15.139 % | £-72,062 | £403,937 |
3 Month Average | -3.582 % | £-17,051 | £458,948 |
6 Month Average | -7.155 % | £-34,055 | £441,944 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2024 | £440,000 | £440,000 | 98 SLADES DRIVE |
27 Nov 2023 | £720,797 | £702,500 | 49 DOMONIC DRIVE |
10 Nov 2023 | £312,944 | £305,000 | FLAT 9 CURZON COURT 16A BROWNSPRING DRIVE |
11 Aug 2023 | £229,133 | £225,000 | 103 SLADES DRIVE |
2 Aug 2023 | £514,275 | £505,000 | 22 BROWNSPRING DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 May 2017. Using an estimated price of £514,492 means this house is valued at £5,846 per sq meter (£543 per sq foot).
The average size of a house on SLADES DRIVE is 85 sq meters (915 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Gravelwood Close |
Aug 2024 | Other crime | Under investigation | On or near Gravelwood Close |
Jul 2024 | Drugs | Under investigation | On or near Gravelwood Close |
Aug 2024 | Anti-social behaviour | On or near Edgehill Road | |
Aug 2024 | Anti-social behaviour | On or near Edgehill Road |