£434,501
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Oct 2018. 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 |
|---|---|
| £350,000 | 31 Oct 2018 |
| £195,000 | 16 Nov 2007 |
| £99,500 | 29 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 34 sq meters or 371 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £350,000 results in an estimated price of approximately £434,501.
| 31 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £350,000 | £84,501 | £434,501 |
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 | 7.815 % | £27,351 | £377,351 |
| 3 Month Average | -3.904 % | £-13,663 | £336,336 |
| 6 Month Average | -16.409 % | £-57,430 | £292,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £412,681 | £400,000 | 21 CHAUCER DRIVE |
| 22 Mar 2023 | £371,199 | £365,000 | 7 CHAUCER DRIVE |
| 18 Aug 2022 | £528,471 | £526,000 | 4 LONGFELLOW WAY |
| 15 Jul 2022 | £488,679 | £483,782 | 39 CHAUCER DRIVE |
| 8 Apr 2022 | £715,821 | £690,000 | 2 CHAUCER DRIVE |
This house has a floor area of 34 sq meters or 371 sq feet when measured on 1 Sep 2010. Using an estimated price of £434,501 means this house is valued at £12,594 per sq meter (£1,170 per sq foot).
The average size of a house on CHAUCER DRIVE is 47 sq meters (510 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Chaucer Drive |
| Sep 2024 | Anti-social behaviour | On or near Chaucer Drive | |
| Sep 2024 | Anti-social behaviour | On or near Chaucer Drive | |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Chaucer Drive |
| Aug 2024 | Anti-social behaviour | On or near Chaucer Drive |