£664,505
This estimated value is based upon the latest sale price for the house of £540,000 on 1 Aug 2019. 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 |
|---|---|
| £540,000 | 1 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £540,000 results in an estimated price of approximately £664,505.
| 1 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £540,000 | £124,505 | £664,505 |
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 | 13.998 % | £75,591 | £615,591 |
| 3 Month Average | 3.229 % | £17,435 | £557,435 |
| 6 Month Average | 8.449 % | £45,626 | £585,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £496,847 | £492,500 | FLAT 17 ST AUGUSTINES COURT LYNTON ROAD |
| 21 Jul 2023 | £278,752 | £275,000 | 31 STEVENSON CRESCENT |
| 30 Jun 2022 | £420,949 | £415,000 | FLAT 19 ST AUGUSTINES COURT LYNTON ROAD |
| 30 Jun 2022 | £120,452 | £118,750 | FLAT 21 KITE HOUSE, 286 LYNTON ROAD |
| 18 Feb 2022 | £545,321 | £520,000 | FLAT 27 ST AUGUSTINES COURT LYNTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 22 Nov 2018. Using an estimated price of £664,505 means this house is valued at £9,492 per sq meter (£881 per sq foot).
The average size of a house on STEVENSON CRESCENT is 64 sq meters (689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Stevenson Crescent | |
| Mar 2024 | Robbery | Under investigation | On or near Stevenson Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Stevenson Crescent |
| Feb 2024 | Other theft | Under investigation | On or near Stevenson Crescent |
| Jan 2024 | Vehicle crime | Under investigation | On or near Stevenson Crescent |