£1,192,824
This estimated value is based upon the latest sale price for the house of £975,000 on 11 Jul 2018. 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 |
|---|---|
| £975,000 | 11 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 July 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.341%.Applying this 22.341% change to the original purchase price of £975,000 results in an estimated price of approximately £1,192,824.
| 11 Jul 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 146.7 | 22.341 % | £975,000 | £217,824 | £1,192,824 |
The Postcode Pricing Model uses changes in average sales price within the SE4 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 | -49.929 % | £-486,804 | £488,195 |
| 3 Month Average | 48.795 % | £475,755 | £1,450,755 |
| 6 Month Average | 32.234 % | £314,282 | £1,289,282 |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 1 Nov 2018.
The average size of a house on RESERVOIR ROAD is 128 sq meters (1,377 sq feet).
This house is the largest in the street with a floor area of 169 sq meters (1,819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Reservoir Road | |
| Jan 2024 | Anti-social behaviour | On or near Reservoir Road | |
| Jan 2024 | Anti-social behaviour | On or near Reservoir Road | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reservoir Road |