£888,925
This estimated value is based upon the latest sale price for the house of £250,000 on 28 Feb 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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373 New Cross Road, London, SE14 6AT
Phone: 02036412128
| Price Paid | Date |
|---|---|
| £250,000 | 28 Feb 2001 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 February 2001 the House Price Index for GREATER LONDON was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £250,000 results in an estimated price of approximately £888,925.
| 28 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £250,000 | £638,925 | £888,925 |
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 | 458.392 % | £1,145,981 | £1,395,981 |
| 3 Month Average | 386.524 % | £966,309 | £1,216,309 |
| 6 Month Average | 339.773 % | £849,432 | £1,099,432 |
| 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 |
| 24 Oct 2022 | £4,384,147 | £4,398,790 | 62 LEWISHAM WAY |
| 27 Apr 2022 | £333,012 | £321,000 | FLAT E 119 LEWISHAM WAY |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 16 Jul 2019. Using an estimated price of £888,926 means this house is valued at £18,519 per sq meter (£1,720 per sq foot).
The average size of a house on LEWISHAM WAY is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Luxmore Street |