£461,366
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Sep 2021. 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 |
|---|---|
| £425,000 | 30 Sep 2021 |
| Flats/Maisonettes |
| Leasehold |
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 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £425,000 results in an estimated price of approximately £461,366.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £425,000 | £36,366 | £461,366 |
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 | -9.731 % | £-41,357 | £383,642 |
| 3 Month Average | -24.087 % | £-102,370 | £322,629 |
| 6 Month Average | -14.735 % | £-62,622 | £362,377 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £419,242 | £410,000 | 2 BURNELL WALK |
| 20 May 2022 | £462,037 | £450,000 | 4 BURNHAM CLOSE |
| 30 Sep 2021 | £461,367 | £425,000 | 4 BURNELL WALK |
| 18 Feb 2020 | £653,250 | £530,000 | 40 OXLEY CLOSE |
| 5 Feb 2020 | £548,483 | £445,000 | 9 OXLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bushwood Drive |
| Jul 2024 | Anti-social behaviour | On or near Bushwood Drive | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bushwood Drive |
| Jul 2024 | Anti-social behaviour | On or near Bushwood Drive | |
| Jul 2024 | Anti-social behaviour | On or near Bushwood Drive |