£245,215
This estimated value is based upon the latest sale price for the house of £205,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Myers Lane
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115 New Cross Road, London, SE14 5DJ
Phone: 02081159871
| Price Paid | Date |
|---|---|
| £205,000 | 11 Sep 2020 |
| £101,000 | 15 Apr 2002 |
| £40,500 | 3 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £205,000 results in an estimated price of approximately £245,215.
| 11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £205,000 | £40,215 | £245,215 |
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 | -17.965 % | £-36,829 | £168,170 |
| 3 Month Average | -13.346 % | £-27,359 | £177,640 |
| 6 Month Average | 6.691 % | £13,716 | £218,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £314,837 | £310,000 | FLAT 10 JEMOTTS COURT, 1 MYERS LANE |
| 13 Oct 2023 | £151,439 | £148,000 | FLAT 2 VERONA COURT, 5 MYERS LANE |
| 21 Mar 2023 | £203,397 | £200,000 | FLAT 6 HEYWOOD HOUSE, 2 MYERS LANE |
| 26 Aug 2022 | £293,372 | £292,000 | FLAT 2 HENDERSON COURT, 6 MYERS LANE |
| 11 Sep 2020 | £245,215 | £205,000 | FLAT 27 VERONA COURT, 5 MYERS LANE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 24 Aug 2020. Using an estimated price of £245,215 means this house is valued at £6,130 per sq meter (£569 per sq foot).
The average size of a house on MYERS LANE is 44 sq meters (478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Myers Lane |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Myers Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Myers Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Myers Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Myers Lane |