£450,181
This estimated value is based upon the latest sale price for the house of £365,000 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
| Price Paid | Date |
|---|---|
| £365,000 | 10 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £365,000 results in an estimated price of approximately £450,181.
| 10 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £365,000 | £85,181 | £450,181 |
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 | -56.667 % | £-206,835 | £158,164 |
| 3 Month Average | -12.637 % | £-46,124 | £318,875 |
| 6 Month Average | -11.105 % | £-40,534 | £324,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £302,648 | £300,000 | FLAT 22 THE ELECTRIC EMPIRE, 182 NEW CROSS ROAD |
| 6 Apr 2023 | £308,320 | £305,000 | 180C NEW CROSS ROAD |
| 27 Apr 2022 | £901,074 | £875,000 | 57 BILLINGTON ROAD |
| 11 Mar 2022 | £901,548 | £870,000 | 30 CASELLA ROAD |
| 20 Dec 2021 | £241,060 | £225,000 | 29A BILLINGTON ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 Mar 2019. Using an estimated price of £450,182 means this house is valued at £9,003 per sq meter (£836 per sq foot).
The average size of a house on HATCHAM PARK ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |