£1,906,909
This estimated value is based upon the latest sale price for the house of £1,250,000 on 15 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
157 New Cross Road, New Cross, SE14 5DG
Phone: 02081154572
Price Paid | Date |
---|---|
£1,250,000 | 15 Aug 2014 |
Terraced |
Freehold |
Floor Area: 202 sq meters or 2,174 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £1,250,000 results in an estimated price of approximately £1,906,909.
15 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £1,250,000 | £656,909 | £1,906,909 |
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 | 23.143 % | £289,281 | £1,539,281 |
3 Month Average | 41.477 % | £518,465 | £1,768,465 |
6 Month Average | 37.291 % | £466,141 | £1,716,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jun 2023 | £516,118 | £505,775 | 146B ERLANGER ROAD |
5 Aug 2022 | £659,082 | £656,000 | 183A WALLER ROAD |
14 Jun 2022 | £710,181 | £695,000 | 89A ERLANGER ROAD |
22 Mar 2022 | £1,565,900 | £1,500,000 | 162 ERLANGER ROAD |
25 Feb 2022 | £591,088 | £559,500 | 71 KITTO ROAD |
This house has a floor area of 202 sq meters or 2,174 sq feet when measured on 15 Apr 2014. Using an estimated price of £1,906,909 means this house is valued at £9,440 per sq meter (£877 per sq foot).
The average size of a house on ERLANGER ROAD is 137 sq meters (1,480 sq feet).