£414,472
This estimated value is based upon the latest sale price for the house of £242,500 on 23 Mar 2012. 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 |
|---|---|
| £242,500 | 23 Mar 2012 |
| £185,000 | 6 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 49 sq meters or 530 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £242,500 results in an estimated price of approximately £414,472.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £242,500 | £171,972 | £414,472 |
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 | 7.072 % | £17,150 | £259,650 |
| 3 Month Average | 35.110 % | £85,140 | £327,640 |
| 6 Month Average | 40.891 % | £99,160 | £341,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £696,563 | £690,000 | 6 STRATHNAIRN STREET |
| 2 Mar 2023 | £504,755 | £500,000 | 37 STRATHNAIRN STREET |
| 21 Jul 2022 | £541,458 | £540,000 | 185 SIMMS ROAD |
| 27 Jun 2022 | £378,347 | £373,000 | 175 SOUTHWARK PARK ROAD |
| 25 Feb 2022 | £513,860 | £490,000 | 23 STRATHNAIRN STREET |
This house has a floor area of 49 sq meters or 530 sq feet when measured on 30 Jan 2012. Using an estimated price of £414,472 means this house is valued at £8,417 per sq meter (£782 per sq foot).
The average size of a house on TROTHY ROAD is 64 sq meters (692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Strathnairn Street |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Southwark Park Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Southwark Park Road |