£320,389
This estimated value is based upon the latest sale price for the house of £260,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Myers Lane
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115 New Cross Road, London, SE14 5DJ
Phone: 02081159871
Price Paid | Date |
---|---|
£260,000 | 23 Nov 2018 |
£123,000 | 6 Oct 2005 |
£105,000 | 20 Sep 2002 |
£39,500 | 12 Feb 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £260,000 results in an estimated price of approximately £320,389.
23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £260,000 | £60,389 | £320,389 |
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 | -52.160 % | £-135,616 | £124,383 |
3 Month Average | -26.848 % | £-69,805 | £190,194 |
6 Month Average | -22.131 % | £-57,540 | £202,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £229,083 | £226,000 | FLAT 21 VERONA COURT, 5 MYERS LANE |
21 Mar 2023 | £201,902 | £200,000 | FLAT 6 HEYWOOD HOUSE, 2 MYERS LANE |
26 Aug 2022 | £291,216 | £292,000 | FLAT 2 HENDERSON COURT, 6 MYERS LANE |
11 Sep 2020 | £243,413 | £205,000 | FLAT 27 VERONA COURT, 5 MYERS LANE |
21 Aug 2020 | £299,767 | £250,000 | FLAT 18 VERONA COURT, 5 MYERS LANE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 3 May 2018. Using an estimated price of £320,389 means this house is valued at £6,816 per sq meter (£633 per sq foot).
The average size of a house on MYERS LANE is 44 sq meters (478 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Myers Lane |
Jan 2024 | Theft from the person | Under investigation | On or near Myers Lane |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Myers Lane |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Myers Lane |
Jan 2024 | Robbery | Under investigation | On or near Mercury Way |