£338,405
This estimated value is based upon the latest sale price for the house of £340,000 on 31 Jan 2023. 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 |
|---|---|
| £340,000 | 31 Jan 2023 |
| £267,000 | 10 Dec 2018 |
| £220,000 | 23 Feb 2015 |
| £97,000 | 12 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £340,000 results in an estimated price of approximately £338,405.
| 31 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £340,000 | £-1,594 | £338,405 |
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 | -5.773 % | £-19,629 | £320,370 |
| 3 Month Average | 17.977 % | £61,122 | £401,122 |
| 6 Month Average | -3.631 % | £-12,345 | £327,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £298,821 | £295,000 | 20 IMPERIAL WAY |
| 28 Jul 2023 | £278,752 | £275,000 | 23 EDGEHILL ROAD |
| 31 Jan 2023 | £338,406 | £340,000 | 135 SLADES DRIVE |
| 27 Jan 2023 | £472,773 | £475,000 | 37 EDGEHILL ROAD |
| 23 Nov 2022 | £326,051 | £330,000 | 120 EDGEHILL ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 22 Sep 2020. Using an estimated price of £338,406 means this house is valued at £5,287 per sq meter (£491 per sq foot).
The average size of a house on SLADES DRIVE is 85 sq meters (915 sq feet).