£621,355
This estimated value is based upon the latest sale price for the house of £500,000 on 13 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Chestnut Close
More crime details
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373 New Cross Road, London, SE14 6AT
Phone: 02036412128
| Price Paid | Date |
|---|---|
| £500,000 | 13 Dec 2018 |
| £89,000 | 28 Jan 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £500,000 results in an estimated price of approximately £621,355.
| 13 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £500,000 | £121,355 | £621,355 |
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 | -17.072 % | £-85,360 | £414,639 |
| 3 Month Average | 16.463 % | £82,312 | £582,312 |
| 6 Month Average | 7.211 % | £36,054 | £536,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £306,972 | £300,000 | FLAT 12 117 LEWISHAM WAY |
| 25 Aug 2023 | £621,204 | £610,000 | 119B LEWISHAM WAY |
| 5 Apr 2023 | £280,242 | £275,000 | 3A MALPAS ROAD |
| 27 Apr 2022 | £333,012 | £321,000 | FLAT E 119 LEWISHAM WAY |
| 10 Jan 2022 | £583,109 | £550,000 | 11 MALPAS ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Mar 2018. Using an estimated price of £621,355 means this house is valued at £9,414 per sq meter (£874 per sq foot).
The average size of a house on LEWISHAM WAY is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Chestnut Close |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chestnut Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Chestnut Close |
| Sep 2024 | Other theft | Under investigation | On or near Chestnut Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Close |