£1,027,362
This estimated value is based upon the latest sale price for the house of £825,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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89 Newington Causeway, London, SE1 6BN
Phone: 02081289393
| Price Paid | Date |
|---|---|
| £825,000 | 31 May 2019 |
| £132,106 | 16 Jan 1995 |
| Freehold |
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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £825,000 results in an estimated price of approximately £1,027,362.
| 31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £825,000 | £202,362 | £1,027,362 |
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 | -21.220 % | £-175,068 | £649,931 |
| 3 Month Average | -39.521 % | £-326,047 | £498,952 |
| 6 Month Average | -39.116 % | £-322,708 | £502,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2023 | £234,703 | £230,000 | APARTMENT 301 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 15 Aug 2022 | £281,315 | £280,000 | APARTMENT 278 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 25 Jul 2022 | £934,362 | £925,000 | APARTMENT 326 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 14 Jul 2022 | £530,314 | £525,000 | APARTMENT 474 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| 17 Sep 2021 | £428,800 | £395,000 | APARTMENT 244 METRO CENTRAL HEIGHTS, 119 NEWINGTON CAUSEWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Elephant Road |
| Apr 2024 | Theft from the person | Under investigation | On or near Elephant Road |
| Apr 2024 | Possession of weapons | Under investigation | On or near Elephant Road |
| Apr 2024 | Theft from the person | Under investigation | On or near Elephant Road |
| Apr 2024 | Theft from the person | Under investigation | On or near Elephant Road |