£326,651
This estimated value is based upon the latest sale price for the house of £90,000 on 21 Dec 2000. 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 |
|---|---|
| £90,000 | 21 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 48 sq meters or 516 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 December 2000 the House Price Index for GREATER LONDON was 41.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 262.947%.Applying this 262.947% change to the original purchase price of £90,000 results in an estimated price of approximately £326,651.
| 21 Dec 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 149.7 | 262.947 % | £90,000 | £236,651 | £326,651 |
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 | 156.355 % | £140,719 | £230,719 |
| 3 Month Average | 148.986 % | £134,087 | £224,087 |
| 6 Month Average | 158.070 % | £142,262 | £232,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £419,242 | £410,000 | 2 BURNELL WALK |
| 21 Feb 2022 | £499,176 | £472,500 | 60 CADET DRIVE |
| 30 Sep 2021 | £461,367 | £425,000 | 4 BURNELL WALK |
| 25 Nov 2020 | £414,617 | £355,000 | 60 OXLEY CLOSE |
| 19 Jun 2020 | £792,987 | £650,000 | 42 CADET DRIVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 15 May 2013. Using an estimated price of £326,652 means this house is valued at £6,805 per sq meter (£632 per sq foot).
The average size of a house on OXLEY CLOSE is 51 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Oxley Close | |
| Sep 2024 | Anti-social behaviour | On or near Oxley Close | |
| Sep 2024 | Anti-social behaviour | On or near Oxley Close | |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Oxley Close |
| Sep 2024 | Robbery | Under investigation | On or near Oxley Close |