£344,778
This estimated value is based upon the latest sale price for the house of £61,995 on 26 Apr 1996. 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 |
---|---|
£61,995 | 26 Apr 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 April 1996 the House Price Index for GREATER LONDON was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.139%.Applying this 456.139% change to the original purchase price of £61,995 results in an estimated price of approximately £344,778.
26 Apr 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 146.7 | 456.139 % | £61,995 | £282,783 | £344,778 |
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 | 367.815 % | £228,026 | £290,021 |
3 Month Average | 476.387 % | £295,336 | £357,331 |
6 Month Average | 461.437 % | £286,067 | £348,062 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 25 Jan 2011.
The average size of a house on SHEPPARD DRIVE is 49 sq meters (532 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Sheppard Drive |
Jan 2024 | Vehicle crime | 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 |
Dec 2023 | Drugs | Under investigation | On or near Rossetti Road |