£621,299
This estimated value is based upon the latest sale price for the house of £415,000 on 31 Oct 2014. 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 |
|---|---|
| £415,000 | 31 Oct 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £415,000 results in an estimated price of approximately £621,299.
| 31 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £415,000 | £206,299 | £621,299 |
The Postcode Pricing Model uses changes in average sales price within the SE16 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 | 24.838 % | £103,076 | £518,076 |
| 3 Month Average | 29.248 % | £121,377 | £536,377 |
| 6 Month Average | 20.865 % | £86,590 | £501,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £447,836 | £440,000 | FLAT 52 EYOT HOUSE MARINE STREET |
| 8 Dec 2023 | £131,297 | £129,000 | FLAT 43 EYOT HOUSE MARINE STREET |
| 5 Sep 2023 | £176,254 | £174,000 | FLAT 34 EYOT HOUSE MARINE STREET |
| 19 Jul 2023 | £474,385 | £468,000 | FLAT 16 BOWLEY HOUSE DICKENS ESTATE |
| 29 Jun 2023 | £627,602 | £620,000 | 12 PROSPECT HOUSE FREAN STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 22 Oct 2020. Using an estimated price of £621,299 means this house is valued at £12,943 per sq meter (£1,202 per sq foot).
The average size of a house on SUN PASSAGE is 53 sq meters (580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Frean Street |
| Dec 2023 | Anti-social behaviour | On or near Frean Street | |
| Dec 2023 | Drugs | Offender given a caution | On or near Frean Street |
| Dec 2023 | Anti-social behaviour | On or near Frean Street | |
| Dec 2023 | Anti-social behaviour | On or near Frean Street |