£878,306
This estimated value is based upon the latest sale price for the house of £640,000 on 29 Jan 2016. 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 |
|---|---|
| £640,000 | 29 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £640,000 results in an estimated price of approximately £878,306.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £640,000 | £238,306 | £878,306 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 1.573 % | £10,068 | £650,068 |
| 3 Month Average | 13.761 % | £88,068 | £728,068 |
| 6 Month Average | 19.732 % | £126,286 | £766,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £111,653 | £110,000 | 1 HICKS HOUSE FREAN STREET |
| 11 Jan 2023 | £330,941 | £332,500 | 5 WEBSTER ROAD |
| 13 Dec 2021 | £814,247 | £760,000 | 4 WILLIAM ELLIS WAY |
| 26 Nov 2021 | £324,454 | £300,000 | 15 WEBSTER ROAD |
| 30 Sep 2021 | £447,201 | £415,000 | 52 PYNFOLDS JAMAICA ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 13 May 2015. Using an estimated price of £878,307 means this house is valued at £9,651 per sq meter (£896 per sq foot).
There is one other house on the street which we know the size of, this is 30 DOCKLEY ROAD it is 79.87
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Public order | Under investigation | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Supermarket |