£740,859
This estimated value is based upon the latest sale price for the house of £435,000 on 24 Aug 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 |
|---|---|
| £435,000 | 24 Aug 2012 |
| £185,000 | 29 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,312 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £435,000 results in an estimated price of approximately £740,859.
| 24 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £435,000 | £305,859 | £740,859 |
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 | -8.968 % | £-39,010 | £395,989 |
| 3 Month Average | 13.312 % | £57,907 | £492,907 |
| 6 Month Average | 28.168 % | £122,529 | £557,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £297,604 | £295,000 | FLAT 2 BIRCHMERE LODGE, 31 SHERWOOD GARDENS |
| 15 Aug 2023 | £282,471 | £280,000 | 9 CHEVRON APARTMENTS, 294 ST JAMES'S ROAD |
| 9 Jun 2023 | £146,778 | £145,000 | FLAT 11 WETTON HOUSE, 278 ST JAMES'S ROAD |
| 9 Jun 2023 | £146,778 | £145,000 | FLAT 10 WETTON HOUSE, 278 ST JAMES'S ROAD |
| 9 Jun 2023 | £212,575 | £210,000 | FLAT 8 WETTON HOUSE, 278 ST JAMES'S ROAD |
This house has a floor area of 121 sq meters or 1,312 sq feet when measured on 31 Jan 2012. Using an estimated price of £740,859 means this house is valued at £6,074 per sq meter (£564 per sq foot).
The average size of a house on ROLLS ROAD is 86 sq meters (926 sq feet).
This house is the largest in the street with a floor area of 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Offender given penalty notice | On or near Catlin Street |
| Jan 2024 | Other crime | Under investigation | On or near Catlin Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Catlin Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Catlin Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Catlin Street |