£490,754
This estimated value is based upon the latest sale price for the house of £290,000 on 15 Nov 2012. 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 |
---|---|
£290,000 | 15 Nov 2012 |
£116,000 | 27 Mar 2001 |
£95,000 | 29 Jun 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 86 sq meters or 925 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 November 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £290,000 results in an estimated price of approximately £490,754.
15 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £290,000 | £200,754 | £490,754 |
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 | 8.201 % | £23,782 | £313,782 |
3 Month Average | 32.114 % | £93,131 | £383,131 |
6 Month Average | 30.234 % | £87,678 | £377,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £407,123 | £400,000 | 21 CHAUCER DRIVE |
10 Nov 2023 | £654,693 | £645,000 | 3 LONGFELLOW WAY |
22 Mar 2023 | £368,471 | £365,000 | 7 CHAUCER DRIVE |
18 Aug 2022 | £524,588 | £526,000 | 4 LONGFELLOW WAY |
15 Jul 2022 | £485,088 | £483,782 | 39 CHAUCER DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 28 Jun 2012. Using an estimated price of £490,754 means this house is valued at £5,706 per sq meter (£530 per sq foot).
The average size of a house on LONGFELLOW WAY is 56 sq meters (607 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Theft from the person | Under investigation | On or near Longfellow Way |
Dec 2023 | Other theft | Under investigation | On or near Longfellow Way |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Chaucer Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wordsworth Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Wordsworth Road |