£469,246
This estimated value is based upon the latest sale price for the house of £326,000 on 23 Jul 2015. 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 |
---|---|
£326,000 | 23 Jul 2015 |
£152,000 | 13 May 2005 |
£65,950 | 3 Jun 1998 |
£48,000 | 27 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 41 sq meters or 441 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £326,000 results in an estimated price of approximately £469,246.
23 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £326,000 | £143,246 | £469,246 |
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 | -18.499 % | £-60,308 | £265,691 |
3 Month Average | -11.137 % | £-36,305 | £289,694 |
6 Month Average | 0.513 % | £1,672 | £327,672 |
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 41 sq meters or 441 sq feet when measured on 5 Nov 2018. Using an estimated price of £469,247 means this house is valued at £11,445 per sq meter (£1,063 per sq foot).
The average size of a house on CADET DRIVE is 56 sq meters (611 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 |