£386,944
This estimated value is based upon the latest sale price for the house of £315,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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405 Footscray Road, New Eltham, SE9 3UL
Phone: 02035514545
| Price Paid | Date |
|---|---|
| £315,000 | 26 Jul 2019 |
| £300,000 | 17 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £315,000 results in an estimated price of approximately £386,944.
| 26 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £315,000 | £71,944 | £386,944 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 55.106 % | £173,584 | £488,584 |
| 3 Month Average | 16.292 % | £51,318 | £366,318 |
| 6 Month Average | 18.084 % | £56,964 | £371,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £253,802 | £249,000 | 462 FOOTSCRAY ROAD |
| 29 Nov 2023 | £527,814 | £520,000 | 3 ELLIS CLOSE |
| 31 Mar 2023 | £502,717 | £500,000 | 15 AVERY HILL ROAD |
| 5 Aug 2022 | £248,322 | £250,000 | FLAT 1 423 FOOTSCRAY ROAD |
| 16 Mar 2022 | £541,841 | £525,000 | 22A AVERY HILL ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Feb 2021. Using an estimated price of £386,944 means this house is valued at £6,343 per sq meter (£589 per sq foot).
The average size of a house on ELLIS CLOSE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ellis Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ellis Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Ellis Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Ellis Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Novar Road |