£254,541
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Jan 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
Price Paid | Date |
---|---|
£155,000 | 16 Jan 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 33 sq meters or 355 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 2007 the House Price Index for GREATER LONDON was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £155,000 results in an estimated price of approximately £254,541.
16 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.5 | 148.6 | 64.221 % | £155,000 | £99,541 | £254,541 |
The Postcode Pricing Model uses changes in average sales price within the SE1 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 | 37.009 % | £57,363 | £212,363 |
3 Month Average | 76.159 % | £118,046 | £273,046 |
6 Month Average | 86.074 % | £133,414 | £288,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £325,063 | £322,000 | 42A OXLEY CLOSE |
22 Aug 2022 | £493,671 | £495,000 | 23 OXLEY CLOSE |
5 May 2022 | £458,642 | £450,000 | 61 CADET DRIVE |
21 Feb 2022 | £495,508 | £472,500 | 60 CADET DRIVE |
25 Nov 2020 | £411,571 | £355,000 | 60 OXLEY CLOSE |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 17 Sep 2012. Using an estimated price of £254,542 means this house is valued at £7,713 per sq meter (£716 per sq foot).
The average size of a house on CADET DRIVE is 56 sq meters (611 sq feet).
This house is the smallest in the street with a floor area of 33 sq meters (355 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Cadet Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oxley Close |
Dec 2023 | Anti-social behaviour | On or near Oxley Close | |
Dec 2023 | Anti-social behaviour | On or near Oxley Close | |
Dec 2023 | Anti-social behaviour | On or near Oxley Close |