£723,920
This estimated value is based upon the latest sale price for the house of £432,600 on 19 Jul 2013. 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 |
---|---|
£432,600 | 19 Jul 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 July 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £432,600 results in an estimated price of approximately £723,920.
19 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £432,600 | £291,320 | £723,920 |
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 | 101.736 % | £440,111 | £872,711 |
3 Month Average | 36.203 % | £156,615 | £589,215 |
6 Month Average | 39.783 % | £172,102 | £604,702 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £127,966 | £126,000 | 56 PROSPECT HOUSE SUN PASSAGE |
21 Dec 2023 | £453,949 | £440,000 | FLAT 52 EYOT HOUSE MARINE STREET |
8 Dec 2023 | £133,090 | £129,000 | FLAT 43 EYOT HOUSE MARINE STREET |
27 Oct 2023 | £175,997 | £172,000 | FLAT 20 EYOT HOUSE MARINE STREET |
20 Oct 2023 | £409,296 | £400,000 | 74 PROSPECT HOUSE SUN PASSAGE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 16 Sep 2020. Using an estimated price of £723,921 means this house is valued at £9,916 per sq meter (£921 per sq foot).
The average size of a house on MARINE STREET is 62 sq meters (676 sq feet).
This house is the largest in the street with a floor area of 73 sq meters (785 sq feet).