£901,074
This estimated value is based upon the latest sale price for the house of £875,000 on 27 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
| Price Paid | Date |
|---|---|
| £875,000 | 27 Apr 2022 |
| £482,000 | 14 Oct 2013 |
| £267,500 | 14 Oct 2005 |
| £179,995 | 18 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £875,000 results in an estimated price of approximately £901,074.
| 27 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £875,000 | £26,074 | £901,074 |
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 | -59.069 % | £-516,852 | £358,147 |
| 3 Month Average | -19.802 % | £-173,263 | £701,736 |
| 6 Month Average | -28.068 % | £-245,594 | £629,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £500,762 | £492,000 | 60 BILLINGTON ROAD |
| 27 Apr 2023 | £485,225 | £480,000 | 18A BILLINGTON ROAD |
| 23 Mar 2023 | £728,998 | £722,130 | 43 HATCHAM PARK ROAD |
| 23 Feb 2023 | £376,746 | £377,000 | 46B BILLINGTON ROAD |
| 10 Oct 2022 | £502,589 | £508,000 | FLAT 4 ROYAL ARCHER, 1 EGMONT STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 19 Oct 2021. Using an estimated price of £901,074 means this house is valued at £7,508 per sq meter (£697 per sq foot).
The average size of a house on BILLINGTON ROAD is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Billington Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Billington Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Billington Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Billington Road |
| Jan 2024 | Drugs | Under investigation | On or near Egmont Street |