£436,292
This estimated value is based upon the latest sale price for the house of £249,950 on 23 May 2006. 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 |
|---|---|
| £249,950 | 23 May 2006 |
| £170,000 | 14 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
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 2006 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £249,950 results in an estimated price of approximately £436,292.
| 23 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £249,950 | £186,342 | £436,292 |
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 | 1.930 % | £4,824 | £254,774 |
| 3 Month Average | 80.231 % | £200,538 | £450,488 |
| 6 Month Average | 97.363 % | £243,358 | £493,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £839,034 | £830,000 | 12 HATCHAM PARK MEWS |
| 17 Mar 2023 | £666,277 | £660,000 | FLAT 1 253 NEW CROSS ROAD |
| 30 Jan 2023 | £524,032 | £526,500 | FLAT 18 FAIRLAWN MANSIONS NEW CROSS ROAD |
| 16 May 2022 | £810,267 | £795,000 | 15 HATCHAM PARK MEWS |
| 15 Dec 2021 | £269,987 | £252,000 | 255 NEW CROSS ROAD |