£309,793
This estimated value is based upon the latest sale price for the house of £310,000 on 2 Sep 2022. 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 |
|---|---|
| £310,000 | 2 Sep 2022 |
| £120,000 | 15 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 September 2022 the House Price Index for GREATER LONDON was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £310,000 results in an estimated price of approximately £309,793.
| 2 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £310,000 | £-206 | £309,793 |
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 | 34.625 % | £107,337 | £417,337 |
| 3 Month Average | -1.974 % | £-6,120 | £303,879 |
| 6 Month Average | -3.714 % | £-11,511 | £298,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £318,074 | £310,000 | 12 HENLEY DRIVE |
| 2 Jun 2023 | £637,781 | £625,000 | 8 GOODWIN CLOSE |
| 28 Mar 2023 | £498,322 | £490,000 | 48 SOUTHWARK PARK ROAD |
| 16 Sep 2022 | £314,790 | £315,000 | 32 VAUBAN ESTATE |
| 2 Sep 2022 | £309,793 | £310,000 | 71 HENLEY DRIVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 25 Oct 2021. Using an estimated price of £309,793 means this house is valued at £5,250 per sq meter (£487 per sq foot).
The average size of a house on HENLEY DRIVE is 49 sq meters (535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Henley Drive |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Henley Drive |
| Oct 2024 | Robbery | Under investigation | On or near Henley Drive |
| Oct 2024 | Anti-social behaviour | On or near Henley Drive | |
| Oct 2024 | Anti-social behaviour | On or near Henley Drive |