£437,861
This estimated value is based upon the latest sale price for the house of £300,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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373 New Cross Road, London, SE14 6AT
Phone: 02036412128
Price Paid | Date |
---|---|
£300,000 | 15 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 May 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £300,000 results in an estimated price of approximately £437,861.
15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £300,000 | £137,861 | £437,861 |
The Postcode Pricing Model uses changes in average sales price within the SE8 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 | -7.766 % | £-23,298 | £276,701 |
3 Month Average | 15.451 % | £46,352 | £346,352 |
6 Month Average | 33.186 % | £99,558 | £399,558 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £410,245 | £405,000 | FLAT 3 2A GLENVILLE GROVE |
21 Apr 2023 | £341,173 | £337,500 | FLAT 1 REGENCY COURT GLENVILLE GROVE |
14 Apr 2023 | £371,500 | £367,500 | FLAT 7 390 NEW CROSS ROAD |
17 Mar 2023 | £383,614 | £380,000 | FLAT 3, 429 NEW CROSS ROAD |
4 Nov 2022 | £1,333,843 | £1,350,000 | 433 NEW CROSS ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 29 Apr 2014. Using an estimated price of £437,862 means this house is valued at £7,818 per sq meter (£726 per sq foot).
The average size of a house on GLENVILLE GROVE is 45 sq meters (493 sq feet).