£550,379
This estimated value is based upon the latest sale price for the house of £305,000 on 25 Nov 2008. 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 |
---|---|
£305,000 | 25 Nov 2008 |
£195,000 | 14 Oct 2003 |
Flats/Maisonettes |
Leasehold |
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 November 2008 the House Price Index for GREATER LONDON was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.452%.Applying this 80.452% change to the original purchase price of £305,000 results in an estimated price of approximately £550,379.
25 Nov 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.452 % | £305,000 | £245,379 | £550,379 |
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 | 251.098 % | £765,849 | £1,070,849 |
3 Month Average | 132.778 % | £404,972 | £709,972 |
6 Month Average | 129.906 % | £396,212 | £701,212 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jul 2024 | £1,200,000 | £1,200,000 | 59 PEPYS ROAD |
15 Dec 2023 | £1,650,723 | £1,600,000 | 68 PEPYS ROAD |
4 Sep 2023 | £271,497 | £265,512 | 35A PEPYS ROAD |
11 Apr 2023 | £348,009 | £341,500 | FIRST FLOOR 85 PEPYS ROAD |
14 Jun 2022 | £710,181 | £695,000 | 89A ERLANGER ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Drugs | Under investigation | On or near Pepys Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Pepys Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Pepys Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pepys Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Ommaney Road |