£234,383
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Apr 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
| Price Paid | Date |
|---|---|
| £230,000 | 28 Apr 2023 |
| £112,000 | 20 Dec 2007 |
| Flats/Maisonettes |
| Leasehold |
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 2023 the House Price Index for GREATER LONDON was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £230,000 results in an estimated price of approximately £234,383.
| 28 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £230,000 | £4,383 | £234,383 |
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 | 83.042 % | £190,995 | £420,995 |
| 3 Month Average | -0.514 % | £-1,182 | £228,817 |
| 6 Month Average | 11.537 % | £26,535 | £256,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £223,000 | £223,000 | FLAT 8A FERN COURT DRAKEFELL ROAD |
| 15 Dec 2023 | £1,083,287 | £1,050,000 | 3 KITTO ROAD |
| 28 Apr 2023 | £234,384 | £230,000 | FLAT 8B FERN COURT DRAKEFELL ROAD |
| 7 Feb 2023 | £453,026 | £450,000 | 31C KITTO ROAD |
| 11 Aug 2022 | £391,832 | £390,000 | FLAT 12 ST. ASAPH COURT ST ASAPH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fern Court |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fern Court |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Fern Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fern Court |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fern Court |