£618,215
This estimated value is based upon the latest sale price for the house of £468,000 on 8 Dec 2016. 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 |
|---|---|
| £468,000 | 8 Dec 2016 |
| £282,500 | 28 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £468,000 results in an estimated price of approximately £618,215.
| 8 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £468,000 | £150,215 | £618,215 |
The Postcode Pricing Model uses changes in average sales price within the SE9 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 | 22.397 % | £104,816 | £572,816 |
| 3 Month Average | 28.986 % | £135,655 | £603,655 |
| 6 Month Average | 21.992 % | £102,922 | £570,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £256,894 | £249,000 | 462 FOOTSCRAY ROAD |
| 30 Nov 2023 | £600,236 | £585,000 | 35 GERDA ROAD |
| 5 Aug 2022 | £251,174 | £250,000 | FLAT 1 423 FOOTSCRAY ROAD |
| 27 May 2022 | £636,584 | £620,000 | 25 GERDA ROAD |
| 20 Jan 2022 | £477,089 | £450,000 | 409 FOOTSCRAY ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 19 Sep 2012. Using an estimated price of £618,215 means this house is valued at £6,002 per sq meter (£557 per sq foot).
The average size of a house on BERCTA ROAD is 107 sq meters (1,158 sq feet).