£221,848
This estimated value is based upon the latest sale price for the house of £39,245 on 28 Apr 1995. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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115 New Cross Road, London, SE14 5DJ
Phone: 02081159871
Price Paid | Date |
---|---|
£39,245 | 28 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 April 1995 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £39,245 results in an estimated price of approximately £221,848.
28 Apr 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 465.290 % | £39,245 | £182,603 | £221,848 |
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 | 445.378 % | £174,788 | £214,033 |
3 Month Average | 446.828 % | £175,357 | £214,602 |
6 Month Average | 426.382 % | £167,333 | £206,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £165,072 | £160,000 | FLAT 20 BRYCE HOUSE JOHN WILLIAMS CLOSE |
15 Sep 2022 | £202,864 | £203,000 | FLAT 16 BARNES HOUSE JOHN WILLIAMS CLOSE |
18 Nov 2020 | £216,068 | £185,000 | FLAT 1 BANNISTER HOUSE JOHN WILLIAMS CLOSE |
7 Jul 2020 | £267,994 | £220,000 | FLAT 1 DALTON HOUSE JOHN WILLIAMS CLOSE |
17 Jan 2020 | £325,617 | £265,000 | FLAT 17 BRYCE HOUSE JOHN WILLIAMS CLOSE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 15 Sep 2021. Using an estimated price of £221,848 means this house is valued at £5,159 per sq meter (£479 per sq foot).
The average size of a house on JOHN WILLIAMS CLOSE is 38 sq meters (411 sq feet).