£389,102
This estimated value is based upon the latest sale price for the house of £225,000 on 29 Aug 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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405 Footscray Road, New Eltham, SE9 3UL
Phone: 02035514545
Price Paid | Date |
---|---|
£225,000 | 29 Aug 2006 |
£148,000 | 19 Jul 2002 |
£99,000 | 2 Dec 1998 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 August 2006 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.934%.Applying this 72.934% change to the original purchase price of £225,000 results in an estimated price of approximately £389,102.
29 Aug 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.934 % | £225,000 | £164,102 | £389,102 |
The Postcode Pricing Model uses changes in average sales price within the BR7 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 | 21.357 % | £48,054 | £273,054 |
3 Month Average | 53.673 % | £120,765 | £345,765 |
6 Month Average | 66.302 % | £149,180 | £374,180 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £563,660 | £555,000 | 93 IMPERIAL WAY |
19 Mar 2024 | £507,802 | £500,000 | 130 IMPERIAL WAY |
28 Apr 2023 | £331,195 | £325,000 | 7 GRAVELWOOD CLOSE |
17 Jun 2022 | £444,502 | £435,000 | 3 GRAVELWOOD CLOSE |
6 May 2022 | £790,597 | £770,000 | 106 IMPERIAL WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 May 2019. Using an estimated price of £389,102 means this house is valued at £5,404 per sq meter (£502 per sq foot).
The average size of a house on IMPERIAL WAY is 91 sq meters (979 sq feet).