£278,188
This estimated value is based upon the latest sale price for the house of £50,000 on 8 Feb 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
189 Southwark Park Road, SE16 3TX
Phone: 02036411684
Price Paid | Date |
---|---|
£50,000 | 8 Feb 1996 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 430 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 February 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.378%.Applying this 456.378% change to the original purchase price of £50,000 results in an estimated price of approximately £278,188.
8 Feb 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 146.7 | 456.378 % | £50,000 | £228,188 | £278,188 |
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 | 418.961 % | £209,480 | £259,480 |
3 Month Average | 488.000 % | £244,000 | £294,000 |
6 Month Average | 448.712 % | £224,355 | £274,355 |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 24 Oct 2017.
The average size of a house on ABBEY GARDENS is 44 sq meters (477 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Southwark Park Road |
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Southwark Park Road |