7, NEWMARSH ROAD, LONDON, SE28 8TA - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 NEWMARSH ROAD is a very small terraced house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £371,205. It was last sold for £300,000 in July 2016, which was around 30% below the average July 2016 terraced price in the Greenwich local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 NEWMARSH ROAD Sold Prices

Land registry data shows three sales for 7 NEWMARSH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Greenwich local authority area for the corresponding sale date. One of the three 7 NEWMARSH ROAD sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 22 JUL	£300,000	£428,441	30% below HPI
2003 2 MAY	£183,000	£179,879	2% above HPI
2001 26 MAR	£134,995	£127,863	6% above HPI

7 NEWMARSH ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Greenwich local authority area over time, sourced from the HPI. The three 7 NEWMARSH ROAD sales between March 2001 and July 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 7 NEWMARSH ROAD be worth now?

7 NEWMARSH ROAD might now be worth an estimated £371,205.

This is based on house price inflation of 23.7%, between July 2016 and July 2025, for terraced houses, in the Greenwich local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 7 NEWMARSH ROAD of £300,000 on 22nd July 2016. For the value to have increased from £300,000 to £371,205 over the nine years to July 2025, the following assumptions must hold true:

• The value of 7 NEWMARSH ROAD has moved in line with the HPI for terraced houses in the Greenwich local authority area.
• The July 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEWMARSH ROAD has not materially changed since July 2016.

How Large is 7 NEWMARSH ROAD?

7 NEWMARSH ROAD is 74m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of terraced houses houses in London, based on EPC data. The below chart shows the distribution of terraced houses houses by size in London, and where 7 NEWMARSH ROAD lies on this distribution: 5% of terraced houses houses are smaller than 7 NEWMARSH ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in London.

7 NEWMARSH ROAD: Plot and Title Map

7 NEWMARSH ROAD sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 7 NEWMARSH ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 NEWMARSH ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 NEWMARSH ROAD?

7 NEWMARSH ROAD is located in LONDON, in the SE28 postcode district. The below map shows the position of No. 7 on NEWMARSH ROAD.