£523,357
This estimated value is based upon the latest sale price for the house of £456,000 on 8 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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405 Footscray Road, New Eltham, SE9 3UL
Phone: 02035514545
Price Paid | Date |
---|---|
£456,000 | 8 Dec 2020 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £456,000 results in an estimated price of approximately £523,357.
8 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £456,000 | £67,357 | £523,357 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 57.221 % | £260,926 | £716,926 |
3 Month Average | 18.844 % | £85,926 | £541,926 |
6 Month Average | 12.096 % | £55,156 | £511,156 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £460,893 | £455,000 | 7 CEDRIC ROAD |
25 Jul 2023 | £491,617 | £485,000 | FLAT 1 470 FOOTSCRAY ROAD |
28 Apr 2023 | £563,568 | £557,500 | 484 FOOTSCRAY ROAD |
13 Feb 2023 | £359,758 | £360,000 | 472A FOOTSCRAY ROAD |
9 Feb 2023 | £399,731 | £400,000 | 2 CEDRIC ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 29 Sep 2018. Using an estimated price of £523,357 means this house is valued at £4,397 per sq meter (£408 per sq foot).
The average size of a house on MERVYN AVENUE is 115 sq meters (1,247 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near County Gate |
Feb 2024 | Vehicle crime | Under investigation | On or near County Gate |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clayfarm Road |