£379,870
This estimated value is based upon the latest sale price for the house of £230,000 on 19 Apr 2007. 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 |
---|---|
£230,000 | 19 Apr 2007 |
£130,000 | 30 Nov 2001 |
£69,000 | 19 Feb 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 April 2007 the House Price Index for GREATER LONDON was 62.0.
The House Price Index as of 1 Feb 2025 is 102.4 which is a change of 65.161%.Applying this 65.161% change to the original purchase price of £230,000 results in an estimated price of approximately £379,870.
19 Apr 2007 | 1 Feb 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 102.4 | 65.161 % | £230,000 | £149,870 | £379,870 |
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 | 63.687 % | £146,480 | £376,480 |
3 Month Average | 86.871 % | £199,802 | £429,802 |
6 Month Average | 87.180 % | £200,514 | £430,514 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2024 | £355,203 | £350,000 | 33 CHAUCER DRIVE |
22 Nov 2024 | £462,272 | £455,500 | 63 CHAUCER DRIVE |
31 Oct 2024 | £396,749 | £389,000 | 20 CHAUCER DRIVE |
2 Sep 2024 | £479,166 | £467,000 | 10 CHAUCER DRIVE |
24 May 2024 | £300,567 | £290,000 | 42 CHAUCER DRIVE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 9 Jul 2020. Using an estimated price of £379,871 means this house is valued at £6,906 per sq meter (£641 per sq foot).
The average size of a house on CHAUCER DRIVE is 47 sq meters (510 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Robbery | Under investigation | On or near Chaucer Drive |
Dec 2024 | Drugs | Awaiting court outcome | On or near Chaucer Drive |
Feb 2025 | Other theft | Investigation complete; no suspect identified | On or near Longfellow Way |
Jan 2025 | Drugs | Unable to prosecute suspect | On or near Longfellow Way |
Dec 2024 | Possession of weapons | Unable to prosecute suspect | On or near Longfellow Way |