£1,583,600
This estimated value is based upon the latest sale price for the house of £1,085,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
| Price Paid | Date |
|---|---|
| £1,085,000 | 22 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 178 sq meters or 1,915 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 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £1,085,000 results in an estimated price of approximately £1,583,600.
| 22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £1,085,000 | £498,600 | £1,583,600 |
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 | -54.472 % | £-591,025 | £493,974 |
| 3 Month Average | 5.472 % | £59,369 | £1,144,369 |
| 6 Month Average | 15.136 % | £164,220 | £1,249,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,068,699 | £1,050,000 | 3 KITTO ROAD |
| 15 Sep 2023 | £1,682,513 | £1,661,000 | 88 DRAKEFELL ROAD |
| 25 Aug 2023 | £1,094,576 | £1,085,000 | 60 DRAKEFELL ROAD |
| 7 Feb 2023 | £449,697 | £450,000 | 31C KITTO ROAD |
| 5 Aug 2022 | £654,239 | £656,000 | 183A WALLER ROAD |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 8 Oct 2014. Using an estimated price of £1,583,601 means this house is valued at £8,896 per sq meter (£826 per sq foot).
The average size of a house on KITTO ROAD is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kitto Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Kitto Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kitto Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kitto Road |