£308,279
This estimated value is based upon the latest sale price for the house of £246,000 on 27 Mar 2018. 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 |
|---|---|
| £246,000 | 27 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £246,000 results in an estimated price of approximately £308,279.
| 27 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £246,000 | £62,279 | £308,279 |
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 | -53.993 % | £-132,822 | £113,177 |
| 3 Month Average | -24.472 % | £-60,200 | £185,799 |
| 6 Month Average | 0.340 % | £835 | £246,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £292,559 | £290,000 | FLAT 24 27 ARKLOW ROAD |
| 3 Feb 2023 | £524,647 | £525,000 | FLAT 43 27 ARKLOW ROAD |
| 21 Apr 2022 | £303,791 | £295,000 | FLAT 6 27 ARKLOW ROAD |
| 5 Nov 2021 | £324,454 | £300,000 | FLAT 9 27 ARKLOW ROAD |
| 11 Oct 2021 | £323,645 | £292,500 | FLAT 3 27 ARKLOW ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 21 Feb 2018. Using an estimated price of £308,280 means this house is valued at £7,340 per sq meter (£681 per sq foot).
The average size of a house on ARKLOW ROAD is 52 sq meters (569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Arklow Road |
| Jan 2024 | Other theft | Under investigation | On or near Arklow Road |
| Jan 2024 | Drugs | Under investigation | On or near Kerry Path |
| Jan 2024 | Drugs | Under investigation | On or near Kerry Path |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Trim Street |