£385,984
This estimated value is based upon the latest sale price for the house of £282,500 on 4 Dec 2015. 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 Cadbury Way
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189 Southwark Park Road, SE16 3TX
Phone: 02036411684
| Price Paid | Date |
|---|---|
| £282,500 | 4 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £282,500 results in an estimated price of approximately £385,984.
| 4 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £282,500 | £103,484 | £385,984 |
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 | -5.920 % | £-16,723 | £265,776 |
| 3 Month Average | 11.333 % | £32,016 | £314,516 |
| 6 Month Average | 21.138 % | £59,714 | £342,214 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 7 Oct 2015.
The average size of a house on CADBURY WAY is 52 sq meters (568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Cadbury Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cadbury Way |