£407,210
This estimated value is based upon the latest sale price for the house of £215,000 on 17 Jan 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
189 Southwark Park Road, SE16 3TX
Phone: 02036411684
Price Paid | Date |
---|---|
£215,000 | 17 Jan 2005 |
£137,500 | 29 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 74 sq meters or 796 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 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £215,000 results in an estimated price of approximately £407,210.
17 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 149.7 | 89.400 % | £215,000 | £192,210 | £407,210 |
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 | 216.331 % | £465,111 | £680,111 |
3 Month Average | 117.029 % | £251,613 | £466,613 |
6 Month Average | 118.549 % | £254,880 | £469,880 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £336,543 | £328,000 | 43 GOODWIN CLOSE |
11 Sep 2023 | £431,512 | £422,000 | 50 GODWIN CLOSE |
15 Aug 2023 | £432,806 | £425,000 | 20 POLLARD HOUSE, 122A SPA ROAD |
1 Aug 2023 | £246,445 | £242,000 | 98 CADBURY WAY |
30 Jun 2023 | £316,339 | £310,000 | 109 CADBURY WAY |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 19 Feb 2018. Using an estimated price of £407,210 means this house is valued at £5,502 per sq meter (£511 per sq foot).
The average size of a house on GOODWIN CLOSE is 48 sq meters (524 sq feet).