£1,013,834
This estimated value is based upon the latest sale price for the house of £822,000 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Longley Street
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
Price Paid | Date |
---|---|
£822,000 | 10 Jul 2019 |
£215,000 | 15 May 2002 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £822,000 results in an estimated price of approximately £1,013,834.
10 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £822,000 | £191,834 | £1,013,834 |
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 | 9.210 % | £75,704 | £897,704 |
3 Month Average | -14.677 % | £-120,648 | £701,351 |
6 Month Average | -28.074 % | £-230,764 | £591,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £876,203 | £865,000 | 32 ALMA GROVE |
18 Aug 2023 | £817,149 | £810,000 | 78 SOUTHWARK PARK ROAD |
9 Mar 2023 | £671,325 | £665,000 | 67A REVERDY ROAD |
31 Jan 2023 | £1,045,077 | £1,050,000 | 19 REVERDY ROAD |
27 Jan 2023 | £905,733 | £910,000 | 36 REVERDY ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 10 Apr 2019. Using an estimated price of £1,013,834 means this house is valued at £9,843 per sq meter (£914 per sq foot).
The average size of a house on REVERDY ROAD is 95 sq meters (1,029 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Longley Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Longley Street |
Apr 2024 | Other theft | Under investigation | On or near Alma Grove |
Apr 2024 | Vehicle crime | Under investigation | On or near Alma Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Alma Grove |