£1,492,521
This estimated value is based upon the latest sale price for the house of £870,000 on 19 Sep 2012. 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 |
|---|---|
| £870,000 | 19 Sep 2012 |
| £443,000 | 12 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 September 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £870,000 results in an estimated price of approximately £1,492,521.
| 19 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £870,000 | £622,521 | £1,492,521 |
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 | 41.888 % | £364,423 | £1,234,423 |
| 3 Month Average | 87.482 % | £761,093 | £1,631,093 |
| 6 Month Average | 95.194 % | £828,189 | £1,698,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,650,723 | £1,600,000 | 68 PEPYS ROAD |
| 27 Jun 2023 | £516,118 | £505,775 | 146B ERLANGER ROAD |
| 14 Jun 2022 | £710,181 | £695,000 | 89A ERLANGER ROAD |
| 13 May 2022 | £431,235 | £420,000 | FLAT B 90 ERLANGER ROAD |
| 28 Jan 2022 | £477,089 | £450,000 | 57A ERLANGER ROAD |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 6 Apr 2012. Using an estimated price of £1,492,522 means this house is valued at £9,213 per sq meter (£855 per sq foot).
The average size of a house on ERLANGER ROAD is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Arbuthnot Road |
| Aug 2024 | Anti-social behaviour | On or near Arbuthnot Road | |
| Aug 2024 | Anti-social behaviour | On or near Arbuthnot Road | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Arbuthnot Road |
| Jun 2024 | Anti-social behaviour | On or near Arbuthnot Road |