£510,583
This estimated value is based upon the latest sale price for the house of £265,000 on 20 Aug 2004. 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 |
|---|---|
| £265,000 | 20 Aug 2004 |
| £117,000 | 1 Dec 1997 |
| Terraced |
| 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £265,000 results in an estimated price of approximately £510,583.
| 20 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £265,000 | £245,583 | £510,583 |
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 | 46.518 % | £123,273 | £388,273 |
| 3 Month Average | 85.658 % | £226,993 | £491,993 |
| 6 Month Average | 101.502 % | £268,979 | £533,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £407,123 | £400,000 | 21 CHAUCER DRIVE |
| 22 Mar 2023 | £368,471 | £365,000 | 7 CHAUCER DRIVE |
| 15 Jul 2022 | £545,468 | £544,000 | 9 KEATS CLOSE |
| 15 Jul 2022 | £485,088 | £483,782 | 39 CHAUCER DRIVE |
| 8 Apr 2022 | £710,561 | £690,000 | 2 CHAUCER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Theft from the person | Under investigation | On or near Milton Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Wordsworth Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Wordsworth Road |
| Dec 2023 | Anti-social behaviour | On or near Wordsworth Road | |
| Dec 2023 | Drugs | Local resolution | On or near Wordsworth Road |