£562,309
This estimated value is based upon the latest sale price for the house of £500,000 on 23 Apr 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 |
|---|---|
| £500,000 | 23 Apr 2021 |
| Terraced |
| Freehold |
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 April 2021 the House Price Index for GREATER LONDON was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £500,000 results in an estimated price of approximately £562,309.
| 23 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.0 | 12.462 % | £500,000 | £62,309 | £562,309 |
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 | -21.412 % | £-107,062 | £392,937 |
| 3 Month Average | -41.388 % | £-206,938 | £293,061 |
| 6 Month Average | -23.579 % | £-117,893 | £382,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,060,055 | £1,040,000 | BERMONDSEY CHRISTIAN CENTRE, 45 STRATHNAIRN STREET |
| 9 Mar 2023 | £693,750 | £690,000 | 6 STRATHNAIRN STREET |
| 2 Mar 2023 | £502,717 | £500,000 | 37 STRATHNAIRN STREET |
| 21 Jul 2022 | £539,271 | £540,000 | 185 SIMMS ROAD |
| 27 Jun 2022 | £376,819 | £373,000 | 175 SOUTHWARK PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Trothy Road | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Strathnairn Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Southwark Park Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southwark Park Road |