£359,308
This estimated value is based upon the latest sale price for the house of £225,000 on 4 May 2007. 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 |
|---|---|
| £225,000 | 4 May 2007 |
| £165,000 | 23 Aug 2002 |
| £83,000 | 15 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 655 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 May 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £225,000 results in an estimated price of approximately £359,308.
| 4 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £225,000 | £134,308 | £359,308 |
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 | -10.292 % | £-23,157 | £201,842 |
| 3 Month Average | 61.386 % | £138,118 | £363,118 |
| 6 Month Average | 84.375 % | £189,842 | £414,842 |
| 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 |
| 3 Mar 2023 | £1,211,413 | £1,200,000 | 51 JERNINGHAM ROAD |
| 20 Jan 2023 | £408,078 | £410,000 | 3 JERNINGHAM ROAD |
| 14 Jul 2022 | £844,774 | £842,500 | 23 TROUTBECK ROAD |
This house has a floor area of 60 sq meters or 655 sq feet when measured on 23 Jan 2010. Using an estimated price of £359,309 means this house is valued at £5,896 per sq meter (£547 per sq foot).
The average size of a house on JERNINGHAM ROAD is 110 sq meters (1,187 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near New Cross Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near New Cross Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near New Cross Road |
| Jan 2024 | Theft from the person | Under investigation | On or near New Cross Road |
| Jan 2024 | Shoplifting | Under investigation | On or near New Cross Road |