£220,055
This estimated value is based upon the latest sale price for the house of £94,500 on 27 Jun 2003. 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 |
---|---|
£94,500 | 27 Jun 2003 |
£72,500 | 6 Feb 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 June 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 132.863%.Applying this 132.863% change to the original purchase price of £94,500 results in an estimated price of approximately £220,055.
27 Jun 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 146.7 | 132.863 % | £94,500 | £125,555 | £220,055 |
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 | 66.676 % | £63,008 | £157,508 |
3 Month Average | 99.471 % | £93,999 | £188,499 |
6 Month Average | 113.519 % | £107,275 | £201,775 |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 9 Mar 2017.
The average size of a house on OXLEY CLOSE is 51 sq meters (559 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Burnham Close |
Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Bushwood Drive |
Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Bushwood Drive |