£481,340
This estimated value is based upon the latest sale price for the house of £350,000 on 25 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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256 New Cross Road, London, SE14 5PL
Phone: 02077327777
| Price Paid | Date |
|---|---|
| £350,000 | 25 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £350,000 results in an estimated price of approximately £481,340.
| 25 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £350,000 | £131,340 | £481,340 |
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 | 115.330 % | £403,655 | £753,655 |
| 3 Month Average | 10.419 % | £36,466 | £386,466 |
| 6 Month Average | 20.668 % | £72,337 | £422,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £515,851 | £500,000 | FLAT 2 97 JERNINGHAM ROAD |
| 15 Sep 2023 | £1,227,049 | £1,200,000 | 66 JERNINGHAM ROAD |
| 17 Feb 2023 | £440,946 | £438,000 | FLAT 7 HARNEY COURT OMMANEY ROAD |
| 26 Jan 2023 | £436,165 | £435,000 | FLAT B 80 JERNINGHAM ROAD |
| 31 Aug 2022 | £714,340 | £711,000 | 90A JERNINGHAM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 28 Apr 2015. Using an estimated price of £481,340 means this house is valued at £6,504 per sq meter (£604 per sq foot).
The average size of a house on OMMANEY ROAD is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Jerningham Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jerningham Road |
| Oct 2024 | Anti-social behaviour | On or near Jerningham Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Jerningham Road |
| Oct 2024 | Anti-social behaviour | On or near Jerningham Road |