£254,178
This estimated value is based upon the latest sale price for the house of £242,500 on 28 Jan 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 |
|---|---|
| £242,500 | 28 Jan 2022 |
| Flats/Maisonettes |
| Leasehold |
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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £242,500 results in an estimated price of approximately £254,178.
| 28 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £242,500 | £11,678 | £254,178 |
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 | 5.244 % | £12,717 | £255,217 |
| 3 Month Average | -34.806 % | £-84,405 | £158,094 |
| 6 Month Average | -16.618 % | £-40,299 | £202,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £176,071 | £175,000 | FLAT 25 WEST POINT AVONDALE SQUARE |
| 29 Mar 2023 | £341,215 | £338,000 | FLAT 21 MAWBEY HOUSE OLD KENT ROAD |
| 30 Sep 2022 | £59,519 | £60,000 | RAINBOW NURSERY ASTLEY ESTATE COOPERS ROAD |
| 1 Sep 2022 | £307,517 | £310,000 | FLAT 17 MAWBEY HOUSE OLD KENT ROAD |
| 2 Aug 2022 | £382,416 | £385,000 | 35 MONMOUTH COURT COOPERS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fortune Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fortune Place |
| Jan 2024 | Anti-social behaviour | On or near Fortune Place | |
| Jan 2024 | Anti-social behaviour | On or near Fortune Place | |
| Jan 2024 | Anti-social behaviour | On or near Fortune Place |