£1,262,036
This estimated value is based upon the latest sale price for the house of £985,000 on 22 Jun 2017. 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 |
|---|---|
| £985,000 | 22 Jun 2017 |
| £550,000 | 3 Jun 2016 |
| £499,995 | 18 Dec 2013 |
| Terraced |
| Freehold |
| Floor Area: 182 sq meters or 1,959 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 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £985,000 results in an estimated price of approximately £1,262,036.
| 22 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £985,000 | £277,036 | £1,262,036 |
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 | -68.142 % | £-671,202 | £313,797 |
| 3 Month Average | -12.084 % | £-119,030 | £865,969 |
| 6 Month Average | -7.136 % | £-70,288 | £914,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £623,390 | £615,000 | 23B JERNINGHAM ROAD |
| 3 Jul 2023 | £719,686 | £710,000 | 17 TROUTBECK ROAD |
| 17 Mar 2023 | £666,277 | £660,000 | FLAT 1 253 NEW CROSS ROAD |
| 3 Mar 2023 | £1,211,413 | £1,200,000 | 51 JERNINGHAM ROAD |
| 20 Jan 2023 | £408,078 | £410,000 | 3 JERNINGHAM ROAD |
This house has a floor area of 182 sq meters or 1,959 sq feet when measured on 22 Oct 2016. Using an estimated price of £1,262,037 means this house is valued at £6,934 per sq meter (£644 per sq foot).
The average size of a house on NEW CROSS ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near New Cross Road |
| Apr 2024 | Theft from the person | Under investigation | On or near New Cross Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Cross Road |
| Apr 2024 | Theft from the person | Under investigation | On or near New Cross Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near New Cross Road |