£359,252
This estimated value is based upon the latest sale price for the house of £295,000 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Weald Close
More crime details
Get our free house price tracker.
189 Southwark Park Road, SE16 3TX
Phone: 02036411684
| Price Paid | Date |
|---|---|
| £295,000 | 19 Dec 2018 |
| £275,000 | 18 Dec 2015 |
| £154,000 | 18 Dec 2006 |
| £124,950 | 31 Oct 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £295,000 results in an estimated price of approximately £359,252.
| 19 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.781 % | £295,000 | £64,252 | £359,252 |
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 | -2.543 % | £-7,503 | £287,496 |
| 3 Month Average | 14.984 % | £44,204 | £339,204 |
| 6 Month Average | 13.226 % | £39,017 | £334,017 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 1 Aug 2015.
The average size of a house on WEALD CLOSE is 58 sq meters (629 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Weald Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheppard Drive |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Sheppard Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sheppard Drive |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Sheppard Drive |