£498,335
This estimated value is based upon the latest sale price for the house of £311,995 on 10 Jan 2014. 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 |
|---|---|
| £311,995 | 10 Jan 2014 |
| £192,000 | 26 Jun 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £311,995 results in an estimated price of approximately £498,335.
| 10 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £311,995 | £186,340 | £498,335 |
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 | -27.335 % | £-85,283 | £226,711 |
| 3 Month Average | 4.404 % | £13,740 | £325,735 |
| 6 Month Average | 15.403 % | £48,056 | £360,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £798,599 | £790,000 | 7 LANGDON WAY |
| 9 Mar 2023 | £696,563 | £690,000 | 6 STRATHNAIRN STREET |
| 21 Jul 2022 | £541,458 | £540,000 | 185 SIMMS ROAD |
| 1 Dec 2021 | £766,035 | £715,000 | 176 SIMMS ROAD |
| 24 Sep 2021 | £860,716 | £798,740 | 58 MONNOW ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 30 Sep 2019. Using an estimated price of £498,335 means this house is valued at £10,833 per sq meter (£1,006 per sq foot).
The average size of a house on SIMMS ROAD is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Monnow Road | |
| Jan 2024 | Anti-social behaviour | On or near Monnow Road | |
| Jan 2024 | Anti-social behaviour | On or near Monnow Road | |
| Jan 2024 | Anti-social behaviour | On or near Monnow Road | |
| Jan 2024 | Anti-social behaviour | On or near Monnow Road |