£770,026
This estimated value is based upon the latest sale price for the house of £780,000 on 28 Feb 2023. 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 |
|---|---|
| £780,000 | 28 Feb 2023 |
| £400,000 | 3 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 February 2023 the House Price Index for GREATER LONDON was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £780,000 results in an estimated price of approximately £770,026.
| 28 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £780,000 | £-9,973 | £770,026 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | -8.969 % | £-69,958 | £710,041 |
| 3 Month Average | 0.846 % | £6,596 | £786,596 |
| 6 Month Average | -8.940 % | £-69,733 | £710,266 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 Sep 2012.
There is one other house on the street which we know the size of, this is 38 ALEXIS STREET it is 102.58
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Southwark Park Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Southwark Park Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Drappers Way |
| Jan 2024 | Burglary | Under investigation | On or near Drappers Way |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near St James'S Road |