£227,609
This estimated value is based upon the latest sale price for the house of £134,500 on 31 Mar 2010. 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 |
---|---|
£134,500 | 31 Mar 2010 |
£39,995 | 6 Nov 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 412 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 March 2010 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £134,500 results in an estimated price of approximately £227,609.
31 Mar 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.0 | 69.226 % | £134,500 | £93,109 | £227,609 |
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 | -33.541 % | £-45,112 | £89,387 |
3 Month Average | 38.391 % | £51,635 | £186,135 |
6 Month Average | 57.410 % | £77,216 | £211,716 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £163,563 | £165,000 | FLAT 3 DOBSON HOUSE JOHN WILLIAMS CLOSE |
7 Nov 2022 | £270,612 | £275,000 | FLAT 9 DALTON HOUSE JOHN WILLIAMS CLOSE |
17 Jun 2022 | £205,078 | £203,000 | FLAT 18 DOBSON HOUSE JOHN WILLIAMS CLOSE |
26 Nov 2021 | £215,699 | £200,250 | FLAT 13 CAREW COURT, 3 SAMUEL CLOSE |
24 Nov 2021 | £140,029 | £130,000 | FLAT 4 CAREW COURT, 3 SAMUEL CLOSE |
This house has a floor area of 38 sq meters or 412 sq feet when measured on 10 Jun 2009. Using an estimated price of £227,610 means this house is valued at £5,941 per sq meter (£551 per sq foot).
The average size of a house on JOHN WILLIAMS CLOSE is 38 sq meters (411 sq feet).