£1,283,253
This estimated value is based upon the latest sale price for the house of £830,000 on 21 May 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 |
|---|---|
| £830,000 | 21 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £830,000 results in an estimated price of approximately £1,283,253.
| 21 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £830,000 | £453,253 | £1,283,253 |
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 | -22.052 % | £-183,035 | £646,964 |
| 3 Month Average | 5.309 % | £44,063 | £874,063 |
| 6 Month Average | 10.803 % | £89,663 | £919,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £807,060 | £800,000 | 148 LYNTON 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 |
| 1 Dec 2021 | £766,035 | £715,000 | 176 SIMMS ROAD |
| 19 Nov 2021 | £940,917 | £870,000 | 123 LYNTON ROAD |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 27 Sep 2012. Using an estimated price of £1,283,253 means this house is valued at £9,435 per sq meter (£876 per sq foot).
The average size of a house on LYNTON ROAD is 87 sq meters (942 sq feet).