£792,857
This estimated value is based upon the latest sale price for the house of £500,000 on 13 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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The Biscuit Factory, London, SE16 4DG
Phone: 02080330922
| Price Paid | Date |
|---|---|
| £500,000 | 13 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £500,000 results in an estimated price of approximately £792,857.
| 13 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £500,000 | £292,857 | £792,857 |
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 | 53.080 % | £265,399 | £765,399 |
| 3 Month Average | 29.754 % | £148,771 | £648,771 |
| 6 Month Average | 36.104 % | £180,518 | £680,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £582,223 | £569,000 | FLAT 14 388 SOUTHWARK PARK ROAD |
| 11 Aug 2023 | £386,980 | £380,000 | FLAT 35 MATSON HOUSE SLIPPERS PLACE |
| 30 Nov 2022 | £159,255 | £160,000 | FLAT 10 388 SOUTHWARK PARK ROAD |
| 12 Sep 2022 | £394,736 | £395,000 | FLAT 18 388 SOUTHWARK PARK ROAD |
| 7 Sep 2022 | £599,599 | £600,000 | FLAT 17 ST. ANDREWS HOUSE, 381 SOUTHWARK PARK ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Nov 2013. Using an estimated price of £792,857 means this house is valued at £10,164 per sq meter (£944 per sq foot).
The average size of a house on SOUTHWARK PARK ROAD is 78 sq meters (849 sq feet).