£300,427
This estimated value is based upon the latest sale price for the house of £241,500 on 28 Sep 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 |
|---|---|
| £241,500 | 28 Sep 2018 |
| £142,000 | 13 Dec 2011 |
| £97,500 | 27 Mar 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 35 sq meters or 376 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £241,500 results in an estimated price of approximately £300,427.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £241,500 | £58,927 | £300,427 |
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 | 7.026 % | £16,968 | £258,468 |
| 3 Month Average | 16.604 % | £40,099 | £281,599 |
| 6 Month Average | 7.372 % | £17,803 | £259,303 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £394,971 | £386,000 | 10 AMINA WAY |
| 1 Aug 2023 | £246,445 | £242,000 | 98 CADBURY WAY |
| 30 Jun 2023 | £316,339 | £310,000 | 109 CADBURY WAY |
| 2 Jun 2023 | £637,781 | £625,000 | 8 GOODWIN CLOSE |
| 10 Feb 2023 | £367,455 | £365,000 | 45 GOODWIN CLOSE |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 24 Nov 2013. Using an estimated price of £300,428 means this house is valued at £8,583 per sq meter (£797 per sq foot).
The average size of a house on CADBURY WAY is 52 sq meters (568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Woolstaplers Way |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Woolstaplers Way |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Woolstaplers Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woolstaplers Way |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Cadbury Way |