£358,772
This estimated value is based upon the latest sale price for the house of £208,550 on 30 Mar 2011. 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 |
---|---|
£208,550 | 30 Mar 2011 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 2011 the House Price Index for GREATER LONDON was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £208,550 results in an estimated price of approximately £358,772.
30 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 148.6 | 72.032 % | £208,550 | £150,222 | £358,772 |
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 | 39.171 % | £81,691 | £290,241 |
3 Month Average | 74.256 % | £154,860 | £363,410 |
6 Month Average | 71.407 % | £148,918 | £357,468 |
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 90 sq meters or 968 sq feet when measured on 15 May 2013. Using an estimated price of £358,772 means this house is valued at £3,986 per sq meter (£370 per sq foot).
The average size of a house on EDGEHILL ROAD is 75 sq meters (812 sq feet).