£76,610
This estimated value is based upon the latest sale price for the house of £54,000 on 18 Sep 2015. 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 |
---|---|
£54,000 | 18 Sep 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 92 sq meters or 990 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 2015 the House Price Index for GREATER LONDON was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £54,000 results in an estimated price of approximately £76,610.
18 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £54,000 | £22,610 | £76,610 |
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 | 4.134 % | £2,232 | £56,232 |
3 Month Average | 13.238 % | £7,148 | £61,148 |
6 Month Average | 10.673 % | £5,763 | £59,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £600,251 | £595,000 | 59 CHANCELLOR HOUSE, 395 ROTHERHITHE NEW ROAD |
1 Sep 2022 | £495,995 | £500,000 | 70 CHANCELLOR HOUSE, 395 ROTHERHITHE NEW ROAD |
26 Feb 2021 | £569,879 | £502,000 | 24 CHANCELLOR HOUSE, 395 ROTHERHITHE NEW ROAD |
15 Feb 2021 | £584,637 | £515,000 | 30 CHANCELLOR HOUSE, 395 ROTHERHITHE NEW ROAD |
20 Dec 2020 | £631,242 | £550,000 | 11 HEPBURN HOUSE, 5 VERNEY ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Feb 2017. Using an estimated price of £76,610 means this house is valued at £832 per sq meter (£77 per sq foot).
The average size of a house on ROTHERHITHE NEW ROAD is 76 sq meters (824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Verney Way |
Apr 2024 | Other theft | Under investigation | On or near Verney Way |
Mar 2024 | Anti-social behaviour | On or near Verney Way | |
Feb 2024 | Other theft | Under investigation | On or near Verney Way |
Feb 2024 | Theft from the person | Under investigation | On or near Verney Way |