£409,858
This estimated value is based upon the latest sale price for the house of £218,000 on 12 Jan 2005. 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 |
|---|---|
| £218,000 | 12 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 January 2005 the House Price Index for GREATER LONDON was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £218,000 results in an estimated price of approximately £409,858.
| 12 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £218,000 | £191,858 | £409,858 |
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 | 54.117 % | £117,974 | £335,974 |
| 3 Month Average | 96.436 % | £210,230 | £428,230 |
| 6 Month Average | 102.984 % | £224,506 | £442,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2023 | £283,820 | £280,000 | 86 OXLEY CLOSE |
| 27 Jul 2023 | £354,775 | £350,000 | FLAT 40 MANDEVILLE HOUSE ROLLS ROAD |
| 30 Sep 2022 | £59,519 | £60,000 | RAINBOW NURSERY ASTLEY ESTATE COOPERS ROAD |
| 2 Aug 2022 | £383,966 | £385,000 | 35 MONMOUTH COURT COOPERS ROAD |
| 18 Mar 2022 | £373,054 | £360,000 | FLAT 15 MANDEVILLE HOUSE ROLLS ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Aug 2015. Using an estimated price of £409,858 means this house is valued at £6,117 per sq meter (£568 per sq foot).
The average size of a house on COOPERS ROAD is 74 sq meters (800 sq feet).