£804,693
This estimated value is based upon the latest sale price for the house of £750,000 on 28 Jun 2021. 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 |
---|---|
£750,000 | 28 Jun 2021 |
£175,000 | 8 Dec 2000 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £750,000 results in an estimated price of approximately £804,693.
28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £750,000 | £54,693 | £804,693 |
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 | -36.192 % | £-271,439 | £478,560 |
3 Month Average | -18.421 % | £-138,158 | £611,841 |
6 Month Average | -18.833 % | £-141,245 | £608,754 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Aug 2023 | £807,060 | £800,000 | 148 LYNTON ROAD |
9 Mar 2023 | £671,325 | £665,000 | 67A REVERDY ROAD |
1 Apr 2022 | £432,516 | £420,000 | 6 CARPENTERS ARMS APARTMENTS, 28 WELSFORD STREET |
9 Mar 2022 | £453,883 | £438,000 | 7 THORBURN SQUARE |
18 Feb 2022 | £12,584 | £12,000 | 67 REVERDY ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 28 Mar 2019. Using an estimated price of £804,693 means this house is valued at £7,967 per sq meter (£740 per sq foot).
The average size of a house on LYNTON ROAD is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Welsford Street | |
Jan 2024 | Anti-social behaviour | On or near Welsford Street | |
Jan 2024 | Anti-social behaviour | On or near Welsford Street | |
Jan 2024 | Vehicle crime | Under investigation | On or near Welsford Street |
Dec 2023 | Anti-social behaviour | On or near Welsford Street |