£575,148
This estimated value is based upon the latest sale price for the house of £543,000 on 29 Jun 2021. 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 |
|---|---|
| £543,000 | 29 Jun 2021 |
| £470,500 | 12 Nov 2015 |
| £210,000 | 4 Aug 2006 |
| £89,950 | 21 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 5.921%.Applying this 5.921% change to the original purchase price of £543,000 results in an estimated price of approximately £575,148.
| 29 Jun 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 146.7 | 5.921 % | £543,000 | £32,148 | £575,148 |
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 | -63.926 % | £-347,119 | £195,880 |
| 3 Month Average | -31.854 % | £-172,965 | £370,034 |
| 6 Month Average | -20.250 % | £-109,959 | £433,040 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 28 May 2015.
The average size of a house on ERLANGER ROAD is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Sherwin Road |
| Dec 2023 | Anti-social behaviour | On or near Sherwin Road | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sherwin Road |
| Dec 2023 | Anti-social behaviour | On or near Sherwin Road | |
| Dec 2023 | Anti-social behaviour | On or near Sherwin Road |