£362,924
This estimated value is based upon the latest sale price for the house of £280,000 on 31 Mar 2017. 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 |
|---|---|
| £280,000 | 31 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £280,000 results in an estimated price of approximately £362,924.
| 31 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £280,000 | £82,924 | £362,924 |
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 | -25.758 % | £-72,122 | £207,877 |
| 3 Month Average | -23.306 % | £-65,256 | £214,743 |
| 6 Month Average | -8.319 % | £-23,292 | £256,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £508,904 | £500,000 | 70 LUDWICK MEWS |
| 15 Dec 2023 | £259,541 | £255,000 | 12 WOODRUSH CLOSE |
| 29 Mar 2023 | £444,185 | £440,000 | 24 MARCHANT STREET |
| 6 Feb 2023 | £519,650 | £520,000 | 2 WOODRUSH CLOSE |
| 28 Nov 2022 | £345,811 | £350,000 | 25 TARRAGON CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Apr 2017. Using an estimated price of £362,925 means this house is valued at £5,416 per sq meter (£503 per sq foot).
The average size of a house on NYNEHEAD STREET is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cottesbrook Street |
| Feb 2024 | Anti-social behaviour | On or near Cottesbrook Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chipley Street |
| Apr 2024 | Vehicle crime | Under investigation | On or near Chipley Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chipley Street |