£203,605
This estimated value is based upon the latest sale price for the house of £135,000 on 14 Oct 2014. 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 |
|---|---|
| £135,000 | 14 Oct 2014 |
| £30,000 | 7 Sep 1998 |
| £29,995 | 9 Feb 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 301 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £135,000 results in an estimated price of approximately £203,605.
| 14 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £135,000 | £68,605 | £203,605 |
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 | -8.126 % | £-10,970 | £124,029 |
| 3 Month Average | 26.282 % | £35,480 | £170,480 |
| 6 Month Average | 51.356 % | £69,330 | £204,330 |
| 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 |
| 24 Nov 2021 | £141,638 | £130,000 | FLAT 4 CAREW COURT, 3 SAMUEL CLOSE |
This house has a floor area of 28 sq meters or 301 sq feet when measured on 12 Aug 2019. Using an estimated price of £203,605 means this house is valued at £7,271 per sq meter (£675 per sq foot).
The average size of a house on JOHN WILLIAMS CLOSE is 38 sq meters (411 sq feet).