£196,504
This estimated value is based upon the latest sale price for the house of £115,000 on 12 May 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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130a New Cross Road, London, SE14 5BA
Phone: 02081661764
Price Paid | Date |
---|---|
£115,000 | 12 May 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 May 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £115,000 results in an estimated price of approximately £196,504.
12 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.874 % | £115,000 | £81,504 | £196,504 |
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 | 129.049 % | £148,406 | £263,406 |
3 Month Average | 97.195 % | £111,774 | £226,774 |
6 Month Average | 86.954 % | £99,997 | £214,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Oct 2023 | £240,461 | £235,000 | 3 WATER LANE |
30 Jun 2023 | £231,642 | £227,000 | FLAT 12 MENDIP COURT AVONLEY ROAD |
27 Apr 2023 | £338,328 | £332,000 | 102 WATER LANE |
9 Mar 2023 | £269,501 | £265,000 | FLAT 4 HIGHBRIDGE COURT FARROW LANE |
18 Oct 2022 | £256,144 | £257,000 | 13 WATER LANE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 5 Nov 2008. Using an estimated price of £196,505 means this house is valued at £4,912 per sq meter (£456 per sq foot).
The average size of a house on AVONLEY ROAD is 58 sq meters (629 sq feet).