£781,016
This estimated value is based upon the latest sale price for the house of £715,000 on 20 Oct 2021. 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 |
|---|---|
| £715,000 | 20 Oct 2021 |
| £201,500 | 12 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £715,000 results in an estimated price of approximately £781,016.
| 20 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £715,000 | £66,016 | £781,016 |
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 | -36.895 % | £-263,801 | £451,198 |
| 3 Month Average | -24.802 % | £-177,333 | £537,666 |
| 6 Month Average | -15.487 % | £-110,733 | £604,266 |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 30 Jul 2020.
The average size of a house on BUSHWOOD DRIVE is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Burnham Close |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Bushwood Drive |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Bushwood Drive |
| Jan 2024 | Theft from the person | Under investigation | On or near Longfellow Way |
| Dec 2023 | Other theft | Under investigation | On or near Longfellow Way |