£524,587
This estimated value is based upon the latest sale price for the house of £526,000 on 18 Aug 2022. 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 |
---|---|
£526,000 | 18 Aug 2022 |
£400,000 | 23 Sep 2016 |
£249,950 | 3 Aug 2012 |
£214,950 | 31 Jul 2009 |
£73,000 | 16 Jul 1998 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 August 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £526,000 results in an estimated price of approximately £524,587.
18 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £526,000 | £-1,412 | £524,587 |
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 | -17.675 % | £-92,969 | £433,030 |
3 Month Average | -14.273 % | £-75,074 | £450,925 |
6 Month Average | -4.616 % | £-24,280 | £501,719 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £407,123 | £400,000 | 21 CHAUCER DRIVE |
10 Nov 2023 | £654,693 | £645,000 | 3 LONGFELLOW WAY |
22 Mar 2023 | £368,471 | £365,000 | 7 CHAUCER DRIVE |
18 Aug 2022 | £524,588 | £526,000 | 4 LONGFELLOW WAY |
15 Jul 2022 | £485,088 | £483,782 | 39 CHAUCER DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Apr 2012. Using an estimated price of £524,588 means this house is valued at £8,891 per sq meter (£826 per sq foot).
The average size of a house on LONGFELLOW WAY is 56 sq meters (607 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Theft from the person | Under investigation | On or near Longfellow Way |
Dec 2023 | Other theft | Under investigation | On or near Longfellow Way |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Chaucer Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wordsworth Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Wordsworth Road |