£511,174
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Aug 2002. 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 |
|---|---|
| £185,000 | 2 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 748 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 August 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £185,000 results in an estimated price of approximately £511,174.
| 2 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £185,000 | £326,174 | £511,174 |
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 | 105.543 % | £195,254 | £380,254 |
| 3 Month Average | 114.955 % | £212,667 | £397,667 |
| 6 Month Average | 119.575 % | £221,213 | £406,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £342,978 | £340,000 | 9 CADET DRIVE |
| 11 Oct 2023 | £450,226 | £440,000 | 32 CADET DRIVE |
| 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 |
This house has a floor area of 69 sq meters or 748 sq feet when measured on 12 Oct 2009. Using an estimated price of £511,175 means this house is valued at £7,348 per sq meter (£682 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 | Robbery | Under investigation | On or near Oxley Close |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Oxley Close |
| Sep 2024 | Anti-social behaviour | On or near Oxley Close |