£195,349
This estimated value is based upon the latest sale price for the house of £161,000 on 20 Mar 2020. 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 |
---|---|
£161,000 | 20 Mar 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 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 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £161,000 results in an estimated price of approximately £195,349.
20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £161,000 | £34,349 | £195,349 |
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 | 27.290 % | £43,936 | £204,936 |
3 Month Average | -28.013 % | £-45,101 | £115,898 |
6 Month Average | -25.469 % | £-41,004 | £119,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £178,214 | £175,000 | FLAT 25 WEST POINT AVONDALE SQUARE |
30 Sep 2022 | £59,960 | £60,000 | RAINBOW NURSERY ASTLEY ESTATE COOPERS ROAD |
2 Aug 2022 | £386,809 | £385,000 | 35 MONMOUTH COURT COOPERS ROAD |
18 Mar 2022 | £375,816 | £360,000 | FLAT 15 MANDEVILLE HOUSE ROLLS ROAD |
28 Jan 2022 | £257,098 | £242,500 | FLAT 9 PEACE COURT HARMONY PLACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Jun 2019. Using an estimated price of £195,350 means this house is valued at £2,604 per sq meter (£241 per sq foot).
The average size of a house on COOPERS ROAD is 74 sq meters (800 sq feet).