£276,605
This estimated value is based upon the latest sale price for the house of £160,000 on 10 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Bridge Meadows
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115 New Cross Road, London, SE14 5DJ
Phone: 02081159871
| Price Paid | Date |
|---|---|
| £160,000 | 10 Oct 2011 |
| £154,950 | 22 Sep 2005 |
| £139,950 | 19 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 610 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 October 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £160,000 results in an estimated price of approximately £276,605.
| 10 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £160,000 | £116,605 | £276,605 |
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 | -33.859 % | £-54,174 | £105,825 |
| 3 Month Average | 30.229 % | £48,366 | £208,366 |
| 6 Month Average | 48.742 % | £77,987 | £237,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £227,140 | £225,000 | 24 BRIDGE MEADOWS |
| 28 Oct 2021 | £210,231 | £190,000 | FLAT 14 GRANTLEY HOUSE, 11 MYERS LANE |
| 27 Sep 2021 | £215,518 | £200,000 | FLAT 21 GRANTLEY HOUSE, 11 MYERS LANE |
| 25 Aug 2021 | £184,077 | £165,000 | FLAT 8 SUNBURY COURT, 12 MYERS LANE |
| 26 Jul 2021 | £301,108 | £262,000 | FLAT 13 SUNBURY COURT, 12 MYERS LANE |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 3 Mar 2011. Using an estimated price of £276,605 means this house is valued at £4,878 per sq meter (£453 per sq foot).
The average size of a house on MYERS LANE is 44 sq meters (478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Bridge Meadows |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bridge Meadows |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bridge Meadows |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bridge Meadows |
| Jan 2024 | Theft from the person | Under investigation | On or near Myers Lane |