£466,183
This estimated value is based upon the latest sale price for the house of £275,000 on 18 Jan 2013. 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 |
---|---|
£275,000 | 18 Jan 2013 |
£227,000 | 18 Dec 2009 |
£154,900 | 12 Aug 2002 |
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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £275,000 results in an estimated price of approximately £466,183.
18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £275,000 | £191,183 | £466,183 |
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 | 51.009 % | £140,275 | £415,275 |
3 Month Average | 62.084 % | £170,729 | £445,729 |
6 Month Average | 51.683 % | £142,126 | £417,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £431,387 | £425,000 | 53 IMPERIAL WAY |
23 Nov 2022 | £326,051 | £330,000 | 120 EDGEHILL ROAD |
5 Aug 2022 | £249,329 | £250,000 | 36 EDGEHILL ROAD |
6 May 2022 | £784,787 | £770,000 | 106 IMPERIAL WAY |
6 Apr 2022 | £509,751 | £495,000 | 48 IMPERIAL WAY |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Oct 2012. Using an estimated price of £466,184 means this house is valued at £6,474 per sq meter (£601 per sq foot).
The average size of a house on IMPERIAL WAY is 91 sq meters (979 sq feet).