£809,797
This estimated value is based upon the latest sale price for the house of £487,500 on 26 Jul 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Balaclava Road
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
Price Paid | Date |
---|---|
£487,500 | 26 Jul 2013 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £487,500 results in an estimated price of approximately £809,797.
26 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 148.6 | 66.112 % | £487,500 | £322,297 | £809,797 |
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 | -15.557 % | £-75,841 | £411,658 |
3 Month Average | 17.179 % | £83,745 | £571,245 |
6 Month Average | 24.494 % | £119,407 | £606,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £588,716 | £580,000 | FLAT A 79 LYNTON ROAD |
18 Aug 2023 | £907,943 | £900,000 | 15 BUSHWOOD DRIVE |
23 Feb 2023 | £384,741 | £385,000 | 36 BUSHWOOD DRIVE |
8 Apr 2022 | £926,819 | £900,000 | 29 ALMA GROVE |
25 Mar 2022 | £404,137 | £389,995 | FLAT 30 DARTFORD HOUSE LONGFIELD ESTATE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 7 Jul 2020. Using an estimated price of £809,797 means this house is valued at £7,041 per sq meter (£654 per sq foot).
The average size of a house on FORT ROAD is 99 sq meters (1,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Under investigation | On or near Balaclava Road |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Balaclava Road |
Jan 2024 | Anti-social behaviour | On or near Balaclava Road | |
Jan 2024 | Anti-social behaviour | On or near Balaclava Road | |
Jan 2024 | Anti-social behaviour | On or near Balaclava Road |