£328,321
This estimated value is based upon the latest sale price for the house of £75,000 on 25 Jun 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Oxley Close
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
Price Paid | Date |
---|---|
£75,000 | 25 Jun 1999 |
£53,000 | 30 Jan 1997 |
£51,500 | 13 Sep 1995 |
Terraced |
Freehold |
Floor Area: 43 sq meters or 462 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 June 1999 the House Price Index for GREATER LONDON was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £75,000 results in an estimated price of approximately £328,321.
25 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £75,000 | £253,321 | £328,321 |
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 | 232.603 % | £174,452 | £249,452 |
3 Month Average | 243.335 % | £182,500 | £257,500 |
6 Month Average | 257.299 % | £192,973 | £267,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £588,716 | £580,000 | FLAT A 79 LYNTON ROAD |
22 Aug 2022 | £493,671 | £495,000 | 23 OXLEY CLOSE |
5 May 2022 | £458,642 | £450,000 | 61 CADET DRIVE |
21 Feb 2022 | £495,508 | £472,500 | 60 CADET DRIVE |
30 Sep 2021 | £457,977 | £425,000 | 4 BURNELL WALK |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 4 Nov 2019. Using an estimated price of £328,322 means this house is valued at £7,635 per sq meter (£709 per sq foot).
The average size of a house on CADET DRIVE is 56 sq meters (611 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Under investigation | On or near Oxley Close |
Apr 2024 | Anti-social behaviour | On or near Oxley Close | |
Mar 2024 | Robbery | Under investigation | On or near Oxley Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oxley Close |