£995,409
This estimated value is based upon the latest sale price for the house of £720,000 on 29 Jan 2016. 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 |
|---|---|
| £720,000 | 29 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 January 2016 the House Price Index for GREATER LONDON was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £720,000 results in an estimated price of approximately £995,409.
| 29 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £720,000 | £275,409 | £995,409 |
The Postcode Pricing Model uses changes in average sales price within the SE15 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 | 7.542 % | £54,299 | £774,299 |
| 3 Month Average | 18.665 % | £134,388 | £854,388 |
| 6 Month Average | 11.258 % | £81,056 | £801,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £296,740 | £290,000 | GROUND AND BASEMENT FLOOR SHOP 370 OLD KENT ROAD |
| 25 Sep 2023 | £521,496 | £510,000 | 1 OLD CANAL MEWS |
| 8 Sep 2023 | £277,620 | £271,500 | 372 OLD KENT ROAD |
| 25 Aug 2023 | £519,367 | £510,000 | 2 OLD CANAL MEWS |
| 6 Feb 2023 | £296,984 | £295,000 | SECOND FLOOR FLAT 364 OLD KENT ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 30 Nov 2015. Using an estimated price of £995,410 means this house is valued at £7,110 per sq meter (£660 per sq foot).
The average size of a house on TRAFALGAR AVENUE is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Old Canal Mews |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Old Canal Mews |
| Sep 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Nile Terrace |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Nile Terrace |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Nile Terrace |