£640,721
This estimated value is based upon the latest sale price for the house of £420,000 on 13 Aug 2014. 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 |
|---|---|
| £420,000 | 13 Aug 2014 |
| £165,000 | 23 Mar 2012 |
| £163,000 | 28 Sep 2007 |
| £215,000 | 8 May 2006 |
| £185,000 | 2 Dec 2005 |
| £167,000 | 5 May 2004 |
| £169,950 | 30 Jul 2001 |
| £92,000 | 13 Mar 2000 |
| £75,000 | 30 Mar 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 110 sq meters or 1,190 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £420,000 results in an estimated price of approximately £640,721.
| 13 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £420,000 | £220,721 | £640,721 |
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 | 15.369 % | £64,550 | £484,550 |
| 3 Month Average | 4.009 % | £16,837 | £436,837 |
| 6 Month Average | 8.200 % | £34,441 | £454,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2024 | £373,000 | £373,000 | FLAT 3 549 OLD KENT ROAD |
| 21 Dec 2023 | £279,591 | £271,000 | FLAT 5 VANTAGE COURT, 551 OLD KENT ROAD |
| 24 Nov 2023 | £256,511 | £250,000 | FLAT 5 545 OLD KENT ROAD |
| 15 Aug 2023 | £285,143 | £280,000 | 9 CHEVRON APARTMENTS, 294 ST JAMES'S ROAD |
| 14 Aug 2023 | £311,875 | £306,250 | FLAT 3 VANTAGE COURT, 551 OLD KENT ROAD |
This house has a floor area of 110 sq meters or 1,190 sq feet when measured on 14 Jul 2009. Using an estimated price of £640,722 means this house is valued at £5,793 per sq meter (£538 per sq foot).
The average size of a house on OLD KENT ROAD is 61 sq meters (657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Lovegrove Street | |
| Aug 2024 | Anti-social behaviour | On or near Lovegrove Street | |
| Aug 2024 | Anti-social behaviour | On or near Lovegrove Street | |
| Aug 2024 | Anti-social behaviour | On or near Lovegrove Street | |
| Aug 2024 | Anti-social behaviour | On or near Lovegrove Street |