£267,993
This estimated value is based upon the latest sale price for the house of £220,000 on 7 Jul 2020. 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 |
|---|---|
| £220,000 | 7 Jul 2020 |
| £32,500 | 10 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 29 sq meters or 312 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £220,000 results in an estimated price of approximately £267,993.
| 7 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £220,000 | £47,993 | £267,993 |
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 | -55.664 % | £-122,460 | £97,539 |
| 3 Month Average | 8.966 % | £19,725 | £239,725 |
| 6 Month Average | 13.171 % | £28,975 | £248,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £165,442 | £165,000 | FLAT 3 DOBSON HOUSE JOHN WILLIAMS CLOSE |
| 7 Nov 2022 | £273,720 | £275,000 | FLAT 9 DALTON HOUSE JOHN WILLIAMS CLOSE |
| 17 Oct 2022 | £214,284 | £215,000 | FLAT 5 CAREW COURT, 3 SAMUEL CLOSE |
| 17 Jun 2022 | £207,434 | £203,000 | FLAT 18 DOBSON HOUSE JOHN WILLIAMS CLOSE |
| 26 Nov 2021 | £218,176 | £200,250 | FLAT 13 CAREW COURT, 3 SAMUEL CLOSE |
This house has a floor area of 29 sq meters or 312 sq feet when measured on 22 Jun 2016. Using an estimated price of £267,994 means this house is valued at £9,241 per sq meter (£858 per sq foot).
The average size of a house on JOHN WILLIAMS CLOSE is 38 sq meters (411 sq feet).